Reference no: EM132226261
1. A service garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on an annual basis. Determine: (10 points)
a. The economic order quantity
b. The total cost of carrying the cloths (excluding purchase price)
c. The average inventory
d. How many times to order per year?
e. The time between two orders, if the business days is 240 days in a year
2. A service garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on an annual basis. Determine: (10 points)
a. The economic order quantity
b. The total cost of carrying the cloths (excluding purchase price)
c. The average inventory
d. How many times to order per year?
e. The time between two orders, if the business days is 240 days in a year
3. The need for self-actualization concerns an employee's desire for
a.a sense of belonging. b. becoming the best there is. c. safety. d. survival. e. self-worth
4. The idea that satisfaction and dissatisfaction are distinct dimensions is referred to as
a. scientific management.
b. the reinforcement theory.
c. the motivation-hygiene theory.
d. Theory X and Theory Y.
e. the hierarchy of needs.
5. When an investor group or institutional investment firm buys stock in a company in anticipation of the stock going up, with no intention of holding the stock as part of a long-term strategy of investing, and then selling the stock to make a quick profit is known as:
Shorting stock
Capital asset pricing
Simplification
Derivative inversion
Arbitrage