Use the Following Information to Answer the Following Questions

question 13

Multiple Choice

Use the following information to answer the following Questions
Dazzle Graphics uses a special purpose paper on 80% of its jobs. The paper is purchased in 100-sheet packages at a cost of $100 per package. Management estimates that the cost of placing and receiving a typical order is $15, and the annual cost of carrying a package in inventory is $1.50. Dazzle uses 2,600 packages each year. Production is constant, and the lead time to receive an order is 1 week.


-The reorder point is:

• A) 25 packages.
• B) 50 packages.
• C) 100 packages.
• D) 203 packages.
• E) 225 packages.

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Definitions:

Wrongful Discharge

The unjust firing or termination of an employee in violation of legal or contractual terms.

Progressive Discipline

A process by which employees face increasingly severe consequences for their actions or failures in performance.

Employee Handbook

A manual or document issued by an employer to employees, containing company policies, procedures, and guidelines.

Register Securities

The process of documenting ownership of stocks or bonds with the appropriate regulatory body.