Use the Following to Answer the Questions Below

question 27

Multiple Choice

Use the following to answer the questions below.
The Steele Bike Company assembles bicycles for a major retail toy outlet.The main purchase is bicycle frames for making these bicycles.Dan Steele,the owner,wants to locate a low-cost supplier for the frames used in this assembly operation.The supplier will be selected based on total annual cost to supply Steele's needs.Annual requirements are for 100,000 frames,and the company operates 200 days a year.Two suppliers,Acme and State,have quoted the same price for the frames,but quantities,lead times and shipping costs are considerably different.The following data are available for the two suppliers.

-Refer to the instruction above.What are the total annual costs if Acme is the supplier selected?

• A)$4,010,450
• B)$113,550
• C)$4,001,050
• D)$4,011,550

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Definitions:

Longitudinal Design

A research strategy where participants are followed and repeatedly assessed over a period of time to observe changes and development.

Motor Skills

Abilities required to perform movements and tasks using various parts of the body, including controlling fine and gross motor movements.

Nature Versus Nurture

A debate concerning the relative importance of an individual's innate qualities (nature) versus personal experiences (nurture) in determining or causing differences in physical and behavioral traits.

Teratogens

Harmful agents in the prenatal environment, which can have a negative impact on prenatal development or even cause birth defects.