Calculate the Economic Ordering Quantity for Nashville Records Inc

question 77

Multiple Choice

Calculate the economic ordering quantity for Nashville Records Inc., given the following information: Sales = 15,000 units per year
Sales price = R10 per unit
Purchase price = R5
Carrying cost = 0.25 times inventory value
Fixed cost per order = R1,000

• A) 3,464 units
• B) 4,899 units
• C) 346 units
• D) 490 units
• E) 1,549 units

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Definitions:

Round Arch

A curved architectural element that spans an opening, commonly used in Roman and Romanesque architecture.

Eclecticism

An architectural and artistic approach that combines elements from various historical styles and cultures to create something new and original.

Architectural Framing Devices

Structural elements used in architecture to highlight or isolate certain views or aspects of a building, enhancing its aesthetic or functional qualities.

Illusionism

An artistic technique used to create the optical illusion of three-dimensionality on a two-dimensional surface, often employed in frescoes and murals.