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Reference 14-2: Jensen Autos, One of the Largest Car Dealers in Eau

question 42

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Reference 14-2:
Jensen Autos, one of the largest car dealers in Eau Claire, sells about 700 vehicles a year. The cost of placing an order with their supplier is $1,100, and the inventory carrying costs are $120 for each car. Most of their sales are in late fall of each year.
-What is the number of cars per order? Round your final answer to the nearest whole number.


Definitions:

Dishabituation

The revival of attention to a stimulus following the presentation of a new or different stimulus, after habituation has occurred.

Habituation

A decrease in response to a stimulus after repeated exposure, often leading to decreased attention or reaction to the stimulus.

Observational Learning

The process of acquiring knowledge and skills by watching others, without direct instruction.

Evolutionary Theorists

Individuals who study and explain how evolutionary principles like natural selection influence behavior and psychological traits.

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