accounts multiple choice

The graph below depicts the components of total stock administration costs for an item of inventory Cost(s) Z Quantity (units) Nhat does the point labelled Z represent? Select one: a. Ordering costs b. Storage costs C. The economic order quantity d. Total stock administration costs Total Stock Administration costs under the EOQ model is the sum of: Select one: a. Carrying costs and reorder level costs b. Storage and carrying costs c. Minimum stock costs and reorder quantity d. Ordering zosts and Carrying costs The graph below depicts the components of total stock administration costs for an item of inventory Cost (s) Quantity (units) What does the point labelled lil represent? Select one: a. Storage costs b. Total stock administration costs c. Ordering costs d. The economic order quantit d. The the econ Order The following information pertains to inventory item ZL47. Reorder level 3 150 units Reorder quantity 3 250 units Minimum lead time 11 days Maximum lead time 15 days Minimum demand 90 units per day Maximum demand 260 units per day The minimum stock level is Select one: a. 975 b.2 160 C. 875 d. 750 The annual demand for a particular product is 2,000 units. Each unit costs $625 and the cost of carrying one unit in inventory each year is 2% of the unit purchase price. If the cost of placing an order is $5. What is the highest quantity that should be purchased at any one time? Select one: a. 40 units b. 2,000 units c. 167 units d. 1,600 units The EOQ for a particular model of laptops at "Computer Giants" is 40 units and the annual demand is 2,000 units. If the cost of placing an order is $5, what is the unit carrying cost? Select one: a. $20,000 b. $12.50 C$1,600 d. $0.08 Suppose that your company sells a product for which the annual demand is 10,000 units. Holding costs are $1.00 per unit per year, and setup costs are $200 per order. What is the minimum total stock administration cost for the product? Select one: a. $10,000 b. $200 c. $1,000 d. $2,000