Burley Company Has the Following Information Available Concerning One of Its

question 24

Multiple Choice

Burley Company has the following information available concerning one of its inventory items:
$\begin{array}{lr}\text { Cost of placing an order}&\$ 50.00\\\text {Unit carrying cost per year }& \$ 2.00 \\\text { Annual unit demand}&3,200\\\text {Safety stock }&80\\\text {Average daily demand }&10\\\text {Normal lead time in days }&12\\\end{array}$

-Refer to the figure.The company operates 200 days a year,the lead time for the item is 10 days,and the safety stock is 100 units.What is the reorder point?

• A)70 units
• B)100 units
• C)170 units
• D)1,000 units

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Definitions:

Phobia

An irrational and excessive fear of an object or situation that poses little to no actual danger.

Brain Circuitry

The complex network of interconnected neurons in the brain, responsible for processing and transmitting information.

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about various aspects of life, beyond the control of the sufferer.

Amygdala

A region of the brain involved in experiencing emotions, such as fear and pleasure, playing a key role in how individuals react to various stimuli.