Use This Information to Answer the Following Questions

question 18

Multiple Choice

Use this information to answer the following questions.
A bakery buys sugar in 15-pound bags.The bakery uses 5000 bags of sugar each year.Carrying costs are $20 per bag per year.Ordering costs are estimated at $5 per order.Assume that the bakery is open 250 days a year and its daily demand is estimated at 20 bags.It takes 5 days for each order of sugar to be filled.
-Refer to the information above.What is the total cost of ordering and carrying sugar?

• A)$50
• B)$100
• C)$25
• D)$1000
• E)$500

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Definitions:

Subjective Idealism

The view that nothing exists except ideas and minds. The eighteenth-century idealist George Berkeley held the extreme position of subjective idealism, which, simply summarized, insisted that “to be is to be perceived” (esse est percipi). According to Berkeley, it makes no sense to believe in the existence of anything that we cannot experience.

Western Metaphysical Tradition

A lineage of philosophical inquiry in the West that deals with fundamental questions of existence, reality, and knowledge.

Most Real

This term is likely to refer to the philosophical notion of ultimate reality or truth, the most fundamental and true nature of existence as opposed to appearances or perceptions.

Plato

An ancient Greek philosopher, student of Socrates, and teacher of Aristotle, known for his contributions to philosophy, mathematics, and the concept of forms.