Multiple Choice
Olga Company has an economic order quantity for item B of 100 units. The annual demand for the product is 1,400 units, and the unit carrying cost per year is $7. What is the cost of placing an order?
A) $25
B) $8
C) $200
D) $2
Correct Answer:

Verified
Correct Answer:
Verified
Q61: One of the traditional reasons for holding
Q62: Comfy Wheels Bus Company produces buses. In
Q63: JIT uses long-term contracts, continuous refilling, and
Q64: Which of the following equations determines the
Q65: One of the traditional reasons for holding
Q67: Grapevine Incorporated produces two different barrels
Q68: Theory of constraints focuses on what three
Q69: Southwestern Supply Company has an economic order
Q70: The theory of constraints identifies a company's
Q71: Firms face limited resources and limited demand