A Company Has Collected the Following Inventory Data for an Item.What

question 42

Multiple Choice

A company has collected the following inventory data for an item.What is the total annual cost for this item?
Annual demand for the item D = 500
Unit purchase cost for the item C = 10
Fixed cost of placing an order S = 20
Cost of holding one unit in inventory for a year i = 30%
Order quantity Q = 50

• A)275
• B)450
• C)5,275
• D)5,450

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Definitions:

Developmental Crises

Critical points in an individual's life where significant change occurs, often requiring adjustment or resolution.

Basic Weaknesses

Motivating characteristics that derive from the unsatisfactory resolution of developmental crises.

Fear Intimacy

An anxiety or apprehension about close emotional or physical relationships.

Generativity

A concept from Erikson's stages of psychological development, referring to the adult's desire to generate or produce something that makes a difference to society.