Scenario 16.3 - AITP's Revenge

question 66

Multiple Choice

Scenario 16.3 - AITP's Revenge
The student chapter of the Association of Information Technology Professionals (AITP) notices the success that the APICS student chapter has with their traditional barbecue sauce fundraiser.Blinded by their jealousy,the club officers decide to sell a competing product,clocks made out of junk computer parts that the club sponsor whips up in his garage.Club officers set up a card table in the atrium of the business building and take turns staffing it for the duration of the computer clock season,which is four months.Twenty-five years of experience have revealed that demand varies depending on the month of the season.Customer demand in the first month can be described as 20-p1,in the second month as 20-1.4p2,in the third month 20-1.8p3,and in the fourth month 20-2.2p4.
-The components needed to produce a computer clock cost twenty-five cents.What should the price of the computer clocks be in the first month of the selling season?

• A)$5.68
• B)$7.27
• C)$10.13
• D)$14.52

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Definitions:

Thyroid Gland

A butterfly-shaped gland located in the neck, responsible for producing hormones that regulate metabolism and energy levels.

Metabolism

The complex of life-sustaining chemical transformations within the cells of living organisms.

Catecholamine Level

The concentration of catecholamines (like dopamine, epinephrine, and norepinephrine) in the body, important for stress response and mood regulation.

Thyroid Gland

An endocrine gland in the neck that produces hormones regulating growth, metabolism, and energy level.