Table 1
Jackson Enterprises Uses a Fixed Order Quantity Inventory $=20,000$

question 63

Multiple Choice

Table 1
Jackson Enterprises uses a fixed order quantity inventory control system. The firm operates 50 weeks per year and has the following characteristics for an item:
Demand $=20,000$ units/year
Ordering cost $=\$ 45 /$ order
Inventory-carrying cost as a percent of item value $=25 \%$
Item (Unit) value $=\$ 20$
Lead time $=5$ weeks
Standard deviation in weekly demand $=125$ units
-The total order and inventory-holding cost for the economic order quantity (EOQ) is:

• A) less than $1,000.
• B) more than or equal to $1,000 but less than $1,500.
• C) more than or equal to $1500 but less than $2,500.
• D) more than or equal to $2,500.

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Definitions:

Hydroxyl Ions

Negatively charged ions made of oxygen and hydrogen (OH-), which play a critical role in chemical reactions involving water.

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Terms used to describe the relative positions in anatomy, where "inferior" indicates a location towards the feet and "superior" indicates a location towards the head.

Divides the Body

Refers to the anatomical planes and lines that segment the body into different parts for medical and educational purposes.

Genetic Information

Data about an individual’s genetic makeup, including information about genes, gene products, or inherited characteristics that may derive from the individual or family members.