Micro Expects to Sell 8,000 Microwaves This Year

question 100

Essay

Micro expects to sell 8,000 microwaves this year.The cost of placing an order is $150 per order, while the carrying cost per unit is $5.50.Given this information, calculate the company's EOQ, carrying cost, ordering cost and total cost.

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Definitions:

Reinforcement

A principle in behaviorism that strengthens a behavior by providing a consequence an individual finds rewarding.

Disinhibition

The reduction of inhibition leading to an increase in spontaneous behavior, often resulting from reduced social or psychological restraint.

Aggressive Behavior

Behavior aimed at causing harm or pain to another being, motivated by hostility, anger, or a desire to dominate.

Inhibition

Refers to the psychological process through which certain behaviors or responses are suppressed.