The Pie Chart Below Shows the Number of Pizzas Consumed

question 103

Multiple Choice

The pie chart below shows the number of pizzas consumed by college students in a typical month. Use the chart to
answer the question.
-What percent of college students consume 4 pizzas or less in a typical month?

• A) 82%
• B) 75%
• C) 43%
• D) 77%

---

Definitions:

Holding Cost

The expenses associated with storing unsold goods or inventory, including warehousing, insurance, and deterioration or obsolescence costs.

Setup Cost

Costs incurred to prepare equipment, machinery, or production lines for manufacturing a new product or batch.

ERP

Enterprise Resource Planning, a type of software that organizations use to manage and integrate important parts of their businesses, including finance, supply chain, operations, and human resources.

Net Requirements

The total quantity needed of a particular item, considering current inventory levels and future orders but excluding any on-hand inventory.