Answer the Following Question(s)using the Information Below

question 112

Multiple Choice

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 reorder point for Owen-King Company?

• A)220 lens
• B)312 lens
• C)397 lens
• D)415 lens
• E)561 lens

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Definitions:

Social Era

A period characterized by significant changes in social behavior, norms, and cultural shifts, often brought about by technological advancements and globalization.

Anthony Giddens

A prominent British sociologist known for his theory of structuration, which explores the relationship between individual actions and societal structures.

Historical Possibilities

The various outcomes or events that could have occurred in the past based on different circumstances, emphasizing the contingent nature of history.

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Platforms or structures made up of individuals or organizations that are connected by one or more specific types of interdependencies, such as friendships, kinships, common interests, financial exchanges, or beliefs.