Answer the Following Questions Using the Information Below

Multiple Choice

Answer the following questions 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 20,000 packages per year. The purchase price per package is $32.
-How many deliveries will be required at the economic order quantity?

A) 1.00 delivery
B) 5.10 deliveries
C) 7.07 deliveries
D) 14.14 deliveries