Use the Information Below to Answer the Following Questions

question 5

Multiple Choice

Use the information below to answer the following questions
Aqua Ltd has forecast the yearly demand for its product as 5,000 units. 100 units of material must be used to produce the product. The cost of placing a single order for raw materials is $20, and the cost of holding one unit of material is $0.40 a year.
-Chocolate Ltd uses 18,000 litres of chocolate syrup each year. The cost of holding its chocolate syrup inventory is $0.50 per litre per year. The cost of ordering the syrup is $150 per delivery. The firm uses chocolate syrup at a constant rate throughout the year. The economic order quantity for chocolate syrup is:

• A)9,487 litres.
• B)3,286 litres.
• C)5,723 litres.
• D)2,900 litres.

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Definitions:

Blood Pressure

The pressure exerted by circulating blood upon the walls of blood vessels, a critical indicator of cardiovascular health.

Experienced Nurse

A nurse who has gained a wealth of knowledge, skills, and judgment through extensive practical experience in nursing over several years.

Patient Education

Providing health-related information and instructions to patients to improve knowledge, health outcomes, and adherence to treatments.

Nursing Practice

The professional care and services provided by nurses to support the health and well-being of patients, including medical interventions and emotional support.