As an Inventory Manager,you Must Decide on the Order Quantity

question 24

Multiple Choice

As an inventory manager,you must decide on the order quantity for an item.Its annual demand is 300 units.Ordering cost is $20 each time an order is placed,and the holding cost is 30 percent of the per-unit price.Your supplier provided the following price schedule. What ordering-quantity policy do you recommend?

• A)Fewer than or equal to 50 units
• B)Greater than 50 units but fewer than or equal to 149
• C)Greater than 149 units but fewer than or equal to 199 units
• D)More than 199 units

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Definitions:

Table Design View

A feature in database management systems that allows users to define and modify a table's structure, including fields, types, and properties.

Field Name

The name or identifier assigned to a specific field or column in a database table, representing the type of data it contains.

Outer Join

A type of SQL join that returns all rows from one or both of the participating tables where the join condition is met, including those with no counterpart in the other table.

Default Join

The implicit join that occurs between tables in a database query when no specific join type is specified.