Scenario 16.7 - Commencement

question 89

Multiple Choice

Scenario 16.7 - Commencement
Every year at commencement,the president hands out diploma covers to joyous students that cross the front of the auditorium to accept the cover and a hearty handshake.Commencement exercises have averaged 850 students with a standard deviation of 70 the last several years.The bookstore can provide a box of 144 diploma covers for $2,000 but is unwilling to break bulk.Any additional diploma covers must be purchased on the black market at $15 each.
-Use Scenario 16.7 to answer the following.If the university orders the optimal number of boxes of diploma covers from the bookstore,how many additional covers must they obtain from the black market?

• A)81
• B)87
• C)90
• D)94

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Definitions:

Enterprise Resource Planning (ERP)

Integrated management software systems used by organizations to manage day-to-day business activities such as accounting, procurement, project management, and supply chain operations.

Implementing ERP

The process of adopting and integrating Enterprise Resource Planning software into a company's operations to streamline processes and improve efficiency.

Human Resource Planning

The process through which companies ensure they have the right number and kind of people, in the right places, at the right times, capable of effectively and efficiently completing tasks that help the organization achieve its overall strategic objectives.

Big Data

Vast datasets that, when analyzed with computational tools, can disclose various patterns, trends, and links, mainly concerning human behavior and interactions.