Use the Information Below to Answer the Following Questions

question 57

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.
-Refer to the information above. The economic order quantity for raw materials is:

• A)7,071 units.
• B)10,000 units.
• C)1,000 units.
• D)100 units.

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Definitions:

Symmetry

A balanced and proportionate similarity found in two halves of an object, that is, when one half mirrors the other.

Flesh Tone

A color or shade resembling the skin of a human, often used in art, makeup, and fashion to indicate a natural skin color.

Character

Character represents the qualities or traits that define a person's moral and ethical actions and reactions.

Size

The overall dimensions or magnitude of an object, person, or concept.