-How Many Orders Will Be Made Per Year?
A) 8

question 79

Multiple Choice

$\begin{array}{ll}\text { Warehouse space } & \$ 3.00 / \text { unit } \\\text { Material handling expense } & \$ 2.00 / \text { unit } \\\text { Insurance premium } & \$ 1.00 / \text { unit } \\\text { Total ordering cost } & \$ 150.00 / \text { per order }\end{array}$
-How many orders will be made per year?

• A) 8.4 orders per year
• B) 12 orders per year
• C) 91 orders per year
• D) 4.27 orders per year

Explain why escalation of commitment occurs in decision making.

Understand the benefits and techniques of group decision making.

Describe the effects of participation in decision making on organizations and employees.

Discuss the effect of diversity and culture on decision making.

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Definitions:

Evidence-Based Medicine

A medical practice approach that emphasizes the use of current best evidence in making decisions about the care of individual patients.

Passive RFID

A type of Radio-Frequency Identification technology where the tag does not have its own power source and relies on the reader's electromagnetic field to communicate.

Active RFID

A type of RFID system where tags possess their own power source to transmit signals to RFID readers, enhancing range and reliability.

Internal Power Source

The origin or basis of an individual's or group's ability to influence or control events, actions, or others, stemming from within themselves or their position.