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Ready Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. Ready plans on ordering t-shirts 12 times over the next year. Ready receives the same number of t-shirts each time it orders. The carrying cost is $0.10 per shirt per year. What is the annual carrying cost of the t-shirt inventory (rounded to the nearest dollar) ?
Variable-Ratio Schedule
In operant conditioning, a reinforcement schedule that reinforces a response after an unpredictable number of responses.
Intermittent Reinforcement
A learning process in which a response is rewarded only part of the time, leading to more resilient behaviors.
Resistance To Extinction
The ability of learned behaviors to persist despite a lack of reinforcement or rewards.
Delayed Reinforcement
The presentation of a reward or punishment after a time delay following the desired or undesired behavior.
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