What Is the Economic Order Quantity for an Automobile Dealer

question 65

Multiple Choice

What is the economic order quantity for an automobile dealer selling 2,000 cars per year, at a cost of $750 per order, and a carrying cost of $300 per automobile?

• A)40 cars
• B)71 cars
• C)100 cars
• D)126 cars

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Definitions:

GABA

Gamma-aminobutyric acid, a neurotransmitter in the brain that plays a key role in regulating nerve excitability and anxiety.

Operant Conditioning

A process of learning in which modifications in the force of behavior are achieved by the use of reinforcement or punishment.

Medicinal Use

The application or consumption of substances, including plants and pharmaceuticals, to treat or prevent disease.

Alcoholism

A chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol, also known as alcohol use disorder (AUD).