Answer the Following Questions Using the Information Below:
the Allianz

question 31

Multiple Choice

Answer the following questions using the information below:
The Allianz Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
$\begin{array} { l } \text {Relevant ordering costs per purchase order }&\$450 \\ \text {Relevant carrying costs per year for each package: }& \\ \text { Required annual return on investment}& 15\%\\ \text {Required other costs per wear }& \$4\\\end{array}$
Annual demand is 30,000 packages per year. The purchase price per package is $48.
-What is the annual relevant ordering costs?

• A) $5,196
• B) $8,695
• C) $6,971
• D) $9,547

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Definitions:

Wilhelm Wundt

Wilhelm Wundt, often regarded as the father of psychology, was a German physiologist, philosopher, and professor who established the first psychology laboratory at the University of Leipzig in 1879.

Introspection

The examination or observation of one's own mental and emotional processes, reflecting on thoughts and feelings.

Structuralists

This term refers to psychologists who analyze the structure of the mind and its perceptions by breaking down experiences into their simplest elements.

Introspection

The examination or observation of one's own mental and emotional processes.