Examlex

Solved

Ready Tees, an on Line Retailer of T-Shirts, Orders 100,000

question 65

Multiple Choice

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) ?


Definitions:

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.

Related Questions