Answer the Following Question(s) Using the Information Below

question 110

Multiple Choice

Answer the following question(s) 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 10,000 packages per year. The purchase price per package is $16.
-What are the total relevant costs, assuming the quantity ordered equals 500 units?

• A) $3,500
• B) $500
• C) $4,000
• D) $3,750
• E) $3,350

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Definitions:

Secondary Reinforcer

A stimulus that gains its reinforcing properties through association with a primary reinforcer.

Certificate

A formal document attesting to a fact, such as the completion of an educational course or the qualification of the holder.

Discriminative Stimulus

A stimulus in the environment that indicates the availability of reinforcement or punishment for a particular behavior.

Generalized Stimulus

A stimulus that elicits a response after association with a conditioned stimulus in classical conditioning scenarios, indicating the learned response can transfer to similar stimuli.