What Is the Economic Order Quantity for Firm That Sells

question 11

Multiple Choice

What is the economic order quantity for firm that sells 30,000 units annually, each unit has a $6 carrying cost, and the fixed cost of placing an order is $100?

• A)100 units
• B)122 units
• C)707 units
• D)1,000 units

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Definitions:

Infant-Directed Speech

A type of speech characterized by a higher pitch, slower rate, and exaggerated intonation, used when talking to infants.

Telegraphic Speech

The early speech phase in which a child uses two-word sentences with mostly nouns and verbs, resembling telegraphic messages.

Language Development

Language development entails the process by which children come to understand and communicate language during early childhood.

Communication

The act or process of using words, sounds, signs, or behaviors to express or exchange information or to express thoughts, feelings, or ideas to someone else.