The Manager of the Quick Stop Corner Convenience Store (Which

question 42

Multiple Choice

The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs are $8.00 per order, and Stein beer costs $.80 per six-pack (each case of Stein beer contains four six-packs) . Orders arrive three days from the time they are placed. Daily holding costs are equal to 5 percent of the cost of the beer.
If he were to order 16 cases of Stein beer at a time, what would be the length of an order cycle?

• A)0.25 days
• B)3 days
• C)1 day
• D)4 days
• E)20 days

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Definitions:

Forced Retirement

The situation in which an employee is compelled to retire against their wishes, often due to company policies or economic pressures.

Executive Branch

The part of the government responsible for implementing, enforcing, and administering the laws and policies of a state or nation.

Human Resource Management

A strategic approach to managing a company's employees, focusing on policies and systems to improve workforce performance and satisfaction.