Answer the Following Questions Using the Information Below:
North Ryde $\quad\quad\quad \$ 21.25$

question 94

Multiple Choice

Answer the following questions using the information below:
North Ryde Optics sells optical equipment.Vision Lenses manufactures special glass lenses.North Ryde Optics orders 10 400 lenses per year,200 per week at $20 per lens.Vision Lenses covers all shipping costs.North Ryde Optics earns 30% on its cash investments.The purchase-order lead time is 2.5 weeks.North Ryde Optics sells 250 lenses per week.The following data are available:
Relevant ordering costs per purchase order $\quad\quad\quad \$ 21.25$
Relevant insurance, materials handling, breakage,
and so on, per year $\quad\quad\quad\quad\$2.50$

-What is the economic order quantity (EOQ) for North Ryde Optics?

• A)325 lenses
• B)210 lenses
• C)297 lenses
• D)228 lenses

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Definitions:

Fissure Eruptions

Fissure eruptions are volcanic eruptions that occur through long, linear cracks in the Earth's surface, releasing lava and gases over a wide area.

Pyroclastic Eruptions

Volcanic eruptions characterized by the expulsion of hot gases, ash, and volcanic rocks at high speeds.

Seafloor

The bottom of the ocean, consisting of various geological structures including volcanic features, sediments, and rock formations.

Magma Chamber

An underground pool of liquid rock found beneath the surface of the Earth.