If the Economic Order Quantity Is to Be Calculated in DOLLARS

question 19

Multiple Choice

If the economic order quantity is to be calculated in DOLLARS, then:

• A) the annual demand must be stated in dollars
• B) ordering costs MUST be stated on a per UNIT basis
• C) carrying costs are stated in dollars per unit
• D) all the above are true
• E) none of the above is true

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Definitions:

Big Five Personality Traits

A model that outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Selflessness

The quality of being more concerned with the needs and wishes of others than with one's own; altruism.

Neuroticism

A personality trait characterized by sadness, moodiness, and emotional instability.

Moody

Characterized by frequent changes in mood or temperament, often displaying happiness, sadness, irritability, or anger with little or no apparent reason.