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Answer the Following Question(s)using the Information Below

question 132

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Answer the following question(s) using the information below:
Owen-King Company sells optical equipment.Lens Company manufactures special glass lens.Owen-King Company orders 5,200 lens per year, 100 per week at $20 per lens.Lens Company covers all shipping costs.Owen-King Company earns 30% on its cash investments.The purchase order lead time is 2.5 weeks.Owen-King Company sells 125 lens per week.The following data is available:
Answer the following question(s) using the information below: Owen-King Company sells optical equipment.Lens Company manufactures special glass lens.Owen-King Company orders 5,200 lens per year, 100 per week at $20 per lens.Lens Company covers all shipping costs.Owen-King Company earns 30% on its cash investments.The purchase order lead time is 2.5 weeks.Owen-King Company sells 125 lens per week.The following data is available:    -What is the economic order quantity for Owen-King Company? A) 325 lens B) 297 lens C) 210 lens D) 161 lens E) 92 lens
-What is the economic order quantity for Owen-King Company?


Definitions:

UV Radiation

A form of electromagnetic radiation with a wavelength shorter than that of visible light but longer than X-rays, capable of causing skin damage and other health effects.

Tactile

Relating to the sense of touch or the perception of pressure, texture, and vibration by the skin and other organs.

Lamellated Corpuscles

Also known as Pacinian corpuscles, they are nerve endings in the skin responsible for sensitivity to vibration and pressure.

Pacinian Corpuscles

Nerve endings in the skin responsible for sensitivity to vibration and pressure.

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