Mungo Pet Supplies Makes Cat Trees for Several Pet Store

question 114

Multiple Choice

Mungo Pet Supplies makes cat trees for several pet store chains. They order rolls of carpet (used to cover the trees) from a supplier. Mungo's management has decided to use an EOQ model. The annual demand for carpet is estimated to be 1,000 rolls. The purchase price per roll is $20 and estimated inventory carrying cost rate is 25%. The cost to place an order from the supplier is $30. What is the annual holding cost for the optimal order quantity?

• A) $109.54
• B) $600
• C) $547.72
• D) $273.86

Recognize the historical evolution of organizational behavior theories and their relevance today.

Identify the role of motivational theories within the context of organizational behavior.

Assess the significance of leadership and motivation in both public and private sector management.

Differentiate between public and private sector organizational behavior management.

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Definitions:

Professional Salespeople

Individuals who specialize in selling products or services, often using expert knowledge and skills to meet their customers' needs and achieve sales targets.

Rehearse

To practice or prepare beforehand, especially in the context of planning presentations or refining sales pitches.

Autosuggestion

A psychological technique involving self-influenced thoughts to change behavior or outcomes.

Sales Presentation

A detailed pitch or exposition by a salesperson aimed at showcasing the features and benefits of a product or service to persuade a customer to buy.