Answer the Following Questions Using the Information Below:
the Allianz

question 150

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 carrying costs?

• A) $5,196
• B) $6,971
• C) $8,695
• D) $3105.30

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Definitions:

Anthony Giddens

A prominent British sociologist known for his theory of structuration and his holistic view of modern societies.

Institutions

Structures or mechanisms of social order and cooperation governing the behavior of a set of individuals within a given community.

Critical Race Theory

A theoretical framework that suggests race is a social construct designed to maintain the interests of the white majority in societal structures.

Historical Racism

The systemic and institutionalized discrimination and prejudice that has occurred historically based on race, affecting the present social and economic disparities.