Answer the Following Questions Using the Information Below

question 104

Multiple Choice

Answer the following questions using the information below:
Short Grass Incorporated is a distributor of golf balls. Martin's Golf Supplies is a local retail outlet which sells golf balls. Martin's purchases the golf balls from Short Grass Incorporated at $0.75 per ball; the golf balls are shipped in cartons of 72. Short Grass Incorporated pays all incoming freight, and Martin's Golf Supplies does not inspect the balls due to Short Grass' reputation for high quality. Annual demand is 155,520 golf balls at a rate of 2,991 balls per week. Martin's Golf Supplies earns 12% on its cash investments. The purchase-order lead time is one week. The following cost data are available:

-If Martin's makes an order (1/12 of annual demand) once per month, what are the relevant total costs?

• A)$1,500
• B)$652.50
• C)$2,152.50
• D)$3,000.00

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Opportunity To Use Skills

Situations or environments that allow individuals to apply their knowledge and competencies effectively.

Training Framework

A structured outline or strategy designed to guide the development, delivery, and assessment of training programs.

Public Praise

An act of expressing approval or admiration for someone's achievements or qualities in a public setting.

High-Risk Situation

Circumstances or events that have a high potential for negative outcomes, such as failure, injury, or other dangers.