Answer the Following Questions Using the Information Below:
the Following

question 89

Multiple Choice

Answer the following questions using the information below:
The following information applies to Dental Labs Plus,which supplies dental burs (used in dental drills) to dentists throughout Victoria.Dental Labs Plus purchases the dental burs from a manufacturer which has a reputation for very high quality in its manufacturing operation.
$$\begin{array} { l l } \text { Antual demand (weekly demand = 1/52 of annual demand) } & 31200 \text { units } \\\text { Orders per year } & 25 \\\text { Lead time in days } & 20 \text { days } \\\text { Cost of placing an order } & \$ 100\end{array}$$
-What are the annual relevant carrying costs,assuming each order was made at the economic-order-quantity (EOQ) amount?

• A)$1000
• B)$6000
• C)$2500
• D)$200

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Definitions:

Trustworthy

Deserving of trust or confidence, reliable and dependable in character, actions, and intentions.

Equity

The concept of fairness or justice in situations, ensuring fair treatment and distribution of resources among individuals or groups.

Social Exchange

A theory that suggests human relationships are formed by the use of a subjective cost-benefit analysis and the comparison of alternatives.

Mere Exposure Effect

The psychological phenomenon by which people tend to develop a preference for things merely because they are familiar with them.