Answer the Following Questions Using the Information Below

question 18

Multiple Choice

Answer the following questions using the information below:
The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
Annual demand is 20,000 packages per year. The purchase price per package is $32.
-How many deliveries will be required at the economic order quantity?

• A)1.00 delivery
• B)5.10 deliveries
• C)7.07 deliveries
• D)14.14 deliveries

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Definitions:

Indian Problem

A term that historically referred to the challenge faced by European settlers and later the United States government in dealing with the indigenous populations of North America.

Indian Removal Act

A law passed in 1830 that authorized the forced relocation of Native American tribes from their ancestral lands in the southeastern United States to areas west of the Mississippi River.

Georgia

A state in the southeastern United States known for its diverse geography, ranging from mountains to beaches, and its rich history, including its role as a Confederate state during the Civil War and as a center of the civil rights movement.

Cherokee

A Native American people originally from the southeastern United States, known for their rich culture and history.