Artwright Graphics Uses a Special-Purpose Paper in 80 Per Cent

question 31

Multiple Choice

Artwright Graphics uses a special-purpose paper in 80 per cent of its jobs. The paper is purchased in l00-sheet packages at a cost of $100 per package. Management estimates the cost of placing and receiving a typical order to be $15 and the annual cost of carrying a package in inventory is $1.50. The firm uses 2600 packages each year and production is constant all year. The lead time to receive an order is one week. No safety stock is kept. The reorder point for the paper is:

• A) 100 units.
• B) 25 units.
• C) 50 units.
• D) 203 units.

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Definitions:

Information Giving

The process of disseminating information to individuals or groups, often an essential component of communication within and outside an organization.

Relationship Competencies

The skills and abilities relevant to building, maintaining, and effectively managing interpersonal relationships.

Home-Country Nationals

Employees who are citizens of the country where the multinational company is headquartered, often working internationally in its foreign offices or branches.

International Human Resources Management

The process of managing people across international boundaries, including recruitment, deployment, and development of global employees.