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Globe Inc.is a distributor of DVDs.DVD Mart is a local retail outlet which sells blank and recorded DVDs.DVD Mart purchases DVDs from Globe at $29.00 per DVD;DVDs are shipped in packages of 70.Globe pays all incoming freight,and DVD Mart does not inspect the DVDs due to Globe's reputation for high quality.Annual demand is 320,000 DVDs at a rate of 6500 DVDs per week.DVD Mart earns 13% on its cash investments.The purchase-order lead time is one week.The following cost data are available:
What is the economic order quantity?
Contingent Reward
A leadership approach that uses the promise of reward to motivate followers to achieve agreed upon goals, making the reward conditional on performance.
Cognitive Shortcuts
Mental strategies that simplify decision-making by using approximate, quick solutions instead of detailed analysis.
Stereotypes
Oversimplified generalizations about groups of people that may or may not reflect reality.
Gender Stereotypes
Preconceived notions or beliefs about the characteristics, roles, and behaviors of men and women based on their gender.
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