Massa Machine Tool Expects Total Sales of $60,000

question 96

Multiple Choice

Massa Machine Tool expects total sales of $60,000. The price per unit is $10. The firm estimates an ordering cost of $25 per order, with an inventory cost of $0.70 per unit. What is the optimum order size?

• A) 327 units
• B) 655 units
• C) 447 units
• D) 207 units

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Definitions:

New Deal

A set of actions including government projects, financial amendments, and regulations put into place by President Franklin D. Roosevelt in the 1930s in the United States, aiming to combat the effects of the Great Depression.

Minorities and Women

Pertains to social groups that have been historically marginalized and underrepresented in various spheres of society, including ethnic minorities and women, focusing on their rights and equality.

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment, a key concept in behavioral psychology.

Favorable Consequences

Outcomes or results of an action that are beneficial or advantageous.