The Setup Cost to Make a Carpet Is $20 Per

question 97

Multiple Choice

The setup cost to make a carpet is $20 per setup.The holding cost is $2.00 per yard per year,and the annual demand is 12,000 yards.The manufacturing facility operates 300 days,and 120 yards of the carpet are produced per day.Given this information,which of the following statements is true?

• A)With an optimum order quantity of 600,the length of the production run in days is 5.
• B)With an optimum order quantity of 500,the length of the production run in days is 6.
• C)With an optimum order quantity of 400,the length of the production run in days is 7.
• D)With an optimum order quantity of 300,the length of the production run in days is 8.

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Definitions:

Natural Rate Of Unemployment

The normal rate of unemployment around which the unemployment rate fluctuates.

Government-Run Employment Agencies

Government-run employment agencies are agencies established by governments to help individuals find employment and assist employers in finding suitable candidates for their job openings.

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Government-sponsored initiatives designed to enhance the skills and employability of the workforce.

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A marketplace where transactions are made directly between two parties without government intervention, typically involving private property or assets.