LaTiffa Company Orders 250 Units at a Time and Places

question 27

Multiple Choice

LaTiffa Company orders 250 units at a time and places 15 orders per year.Total ordering cost is $1,100,and total carrying cost is $1,100.Which best describes the economic order quantity?

• A)The economic order quantity (EOQ) is 250.
• B)The economic order quantity (EOQ) is more than 250.
• C)The economic order quantity (EOQ) is less than 250.
• D)The economic order quantity (EOQ) is 15.

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Definitions:

Periosteum

The bones are wrapped in a heavy connective tissue layer, filled with blood vessels, except at joint areas.

Trabeculae

The network of irregularly shaped bony plates or struts within spongy bone, helping to distribute stress and support weight.

Spongy Bone

A type of bone tissue with a porous structure found at the ends of long bones, within the spinal vertebrae, and in the pelvic bones, which helps reduce the weight of the bones and contains bone marrow.

Compact Bone

The dense, hard outer layer of bone that provides strength and protection to the skeletal structure.