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Answer the Following Question(s)using the Information Below

Question 22

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Answer the following question(s) using the information below:
The Wood Furniture Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
Answer the following question(s) using the information below: The Wood Furniture Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:    Annual demand is 10,000 packages per year.The purchase price per package is $16. -How many deliveries will Wood Furniture Company require at the economic order quantity? A) 1.0 delivery B) 5.1 deliveries C) 8.2 deliveries D) 10.0 deliveries E) 6.8 deliveries Annual demand is 10,000 packages per year.The purchase price per package is $16.
-How many deliveries will Wood Furniture Company require at the economic order quantity?


A) 1.0 delivery
B) 5.1 deliveries
C) 8.2 deliveries
D) 10.0 deliveries
E) 6.8 deliveries

Correct Answer:

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