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NEW QUESTION: 1
Given the procedure shown below:

How many rows will be inserted in the table?
A. 0
B. 1
C. 2
D. 3
Answer: B

NEW QUESTION: 2
The carrying costs associated with inventory management include:
A. Storage costs, handling costs, capital invested, and obsolescence.
B. Insurance costs, shipping costs, storage costs, and obsolescence.
C. Obsolescence, setup costs, capital invested, and purchasing costs.
D. Purchasing costs, shipping costs, setup costs, and quantity discounts lost.
Answer: A
Explanation:
Carrying costs include storage costs, handling costs, insurance costs, interest on capital invested, and obsolescence. Candman Company is a wholesale distributor of candy. The company leases space in a public warehouse and is charged according to the square feet occupied. Candman has decided to employ the economic order quantity 0Q) method to determine the optimum number of cases of candy to order. The company placed 2,400 orders last year. Data for the high-activity month, the low-activity month, and the year for the purchasing and warehouse operations appear in the next column. The annual charges for the warehouse totaled US $12,750 last year. In addition, the annual insurance and property taxes on the candy stored in the warehouse amounted to US $1,500 and US $2,250, respectively.
The average monthly inventory last year was US $75,000.

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