Answer the Following Questions Using the Information Below:
the Following

question 95

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 is the economic order quantity (EOQ) assuming each order was made at the economic-order-quantity (EOQ) amount?

• A)1560 units
• B)1040 units
• C)1248 units
• D)500 units

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Definitions:

Low-Nicotine Cigarettes

Cigarettes designed with reduced nicotine content with the aim of lowering addiction potential and health risks.

Negative Health Consequences

Detrimental effects on physical or mental health resulting from certain actions, behaviors, or exposures.

Attitudes About Smoking

Individuals' thoughts, feelings, and behavioral tendencies toward smoking and its usage.

Optimistic Bias

The tendency to believe that one is less likely to experience negative events and more likely to experience positive events than others.