Aberwald Corporation Aberwald Corporation Expects to Order 126,000 Memory Chips for Inventory

question 155

Multiple Choice

Aberwald Corporation
Aberwald Corporation expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate. Fixed ordering costs are $200 per order; the purchase price per chip is $25; and the firm's inventory carrying cost is equal to 20 percent of the purchase price. (Assume a 360-day year.)
-Refer to Aberwald Corporation.How many orders should Aberwald place during the year?

• A) 12
• B) 25
• C) 30
• D) 40
• E) 60

Identify the core principles of evolutionary psychology and its influence on human behavior.

Recognize the genetic base for personality and behavioral traits, including novelty-seeking.

Apply basic genetic concepts to understand human physical and behavioral traits.

Understand the concept of Expected Monetary Value (EMV) and how to calculate it.

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Definitions:

Employee Objectives

Specific, measurable, achievable, relevant, and time-bound goals set for employees to focus their efforts towards organizational success.

Rating Error

A mistake or bias that occurs when evaluating an individual's performance, often leading to inaccuracies in assessment.

Stereotype-Induced Bias

Prejudice or discrimination resulting from stereotypes, or oversimplified generalizations about a group of people that can affect judgment and decision making.

Performance Evaluations

The assessment of an employee's work performance over a specific period, often used for feedback, development, and administrative decisions.