Scenario 9.4 Consider the Following Data for an Independent-Demand Item Maintained by Maintained

question 189

Multiple Choice

Scenario 9.4
Consider the following data for an independent-demand item maintained by Vicki Crittenden,the proprietor of a local auto repair shop:
Weekly demand = 50 units
Ordering cost = $8/order
Holding cost = $4/unit/year
Weeks in a year = 50
-Use the information in Scenario 9.4.Due to new ordering procedures initiated by Crittenden,the ordering cost is dropping to $4 per order.At the same time,the weekly demand increases to 64 units per week due to an increase in business.What effect do these changes have on the EOQ quantity for this item?

• A)The EOQ quantity remains unchanged.
• B)The EOQ quantity increases by 20%.
• C)The EOQ quantity decreases by 20%.
• D)Sufficient information is not available for answering this question.

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Appreciate the complexity of issues faced by children in non-traditional family settings such as blended and single-parent families.

Identify risk factors and protective factors for child development in adverse conditions.

Understand the role of friendships and social interactions in the development of social skills and self-concept in middle childhood.

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Definitions:

Agile Development

A software development methodology based on iterative progress, where requirements and solutions evolve through collaborative effort of self-organizing cross-functional teams.

Rapid Application Development

A software development approach focused on quick prototyping, iterative delivery, and less emphasis on planning and more on adaptive processes.

Prototyping

The process of creating a preliminary model of a product to test and validate its design and functionality before final production.

IT Architecture

The structural design of information technology systems, including hardware, software, networks, and processes, to support organizational goals.