The Manager of the Quick Stop Corner Convenience Store (Which

question 43

Multiple Choice

The manager of the Quick Stop Corner convenience store (which is open 360 days per year) sells four cases of Stein soda each day (1440 cases per year) . Order costs are $8.00 per order. The lead time for an order is three days. Annual holding costs are equal to $57.60 per case.
-If the daily demand is 10 and the lead time in days is 8, what is the reorder point?

• A) 60
• B) 70
• C) 80
• D) 90

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Definitions:

Agrobacterium Tumefaciens

A bacterium known for causing crown gall disease in plants, used in genetic engineering to transfer DNA to plant cells.

Plant Transgenics

The field of genetically modifying plants to introduce new traits by transferring genes from one organism to another, including different species.

Plasmid

Small, circular, double-stranded DNA molecule that carries genes separate from those in the main DNA of a cell.

Genome-Wide Association Study

A method in genetics that examines associations between genetic variants and traits in organisms across the entire genome.