Scenario 9.5 Tom Bergman, Owner and Operator of the Earplug Superstore, Is

question 123

Multiple Choice

Scenario 9.5
Tom Bergman, owner and operator of the Earplug Superstore, is reviewing the costs associated with the store's best-selling hearing aid, the BZ15. The data available to Dr. Bergman concerning this device follow.
Demand = 25 units/week
Order cost = $3/order
Holding cost = $1.50/unit/year
The Earplug Superstore operates 52 weeks a year.
-An item experiences an annual demand of 7,200 units. It costs $8 to hold an item in inventory for one year and $16 to place an order. If the EOQ model is used, what is the time between orders? Assume that there are 52 business weeks in a year.

• A) less than 1 week
• B) greater than 1 week but less than or equal to 2 weeks
• C) greater than 2 weeks but less than or equal to 3 weeks
• D) greater than 3 weeks

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Definitions:

Memory

The faculty by which the mind stores and remembers information.

Glutamate

is an important neurotransmitter in the brain that plays a key role in cellular metabolism and functions as a primary excitatory neurotransmitter.

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the smooth muscles and heart and gland functions.

Sympathetic

Part of the autonomic nervous system that increases the heart rate, constricts blood vessels, and raises blood pressure, typically activated in stress responses.