Precision Medical Instruments Uses 37,500 3-Inch Polarized Mirrors a Year

question 23

Multiple Choice

Precision Medical Instruments uses 37,500 3-inch polarized mirrors a year. For each case of 25 mirrors, the inventory holding cost is $13.00.The cost of ordering is $8.40. How often should Precision order mirrors per year?

• A) 22
• B) 34
• C) 44
• D) 68
• E) 77

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Bureau of Labor Statistics

A U.S. government agency responsible for collecting and analyzing economic data, especially labor market activity, working conditions, and price changes.

Unemployed

The status of being without a paid job but being available for and seeking work.

Unemployment Rate

This term measures the proportion of people without jobs who are actively seeking work in relation to the total workforce.

Bureau of Labor Statistics

A U.S. government agency responsible for collecting and analyzing labor economics and statistical data.