A Product Whose EOQ Is 40 Experiences a Decrease in Ordering

question 129

Multiple Choice

A product whose EOQ is 40 experiences a decrease in ordering cost from $90 per order to $10. The revised EOQ is

• A) three times as large
• B) one-third as large
• C) nine times as large
• D) one-ninth as large
• E) cannot be determined

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Definitions:

Systems Approach

A perspective in psychology and other disciplines that emphasizes the interaction of various components within a system.

Family Therapy

A type of psychological counseling that helps family members improve communication and resolve conflicts.

Group Therapy

A form of therapy involving one or more therapists working with several people at the same time.

Cognitive-behavior Therapist

A mental health professional who uses techniques from cognitive therapy and behavior therapy to help clients modify dysfunctional emotions, behaviors, and thoughts.