Which statement is true? a. Outsourcing should not be done at this point in time due to the significant risks in this volatile environment b. Outsourcing is often helpful when a single firm does not achieve economies of scale c. Outsourcing is typically helpful when a firm has no access to labour to produce goods on their own premisses d. Outsourcing is always helpful because the risks are typically much smaller than the benefits of outsourcing Firm Tezla produces the product QuickCar. Annual demand for QuickCar is 600 units per year on a continuous basis. The product has inventory holding costs of $30 per unit per year and order costs of $300 per order. It takes 30 days to receive a shipment after an order is placed. Calculate the economic order quantity (EOQ). a. 110 units b. 60 units c. 44 units d. 77 units Which statement is true? a. Firms may decide to "do nothing" and simply accept the risk to occur. b. Firms typically prioritize high impact risks only. c. Risk mitigation strategies are always costly and should be avoided where possible. Od. None of above answers In the EOQ model, how does the optimal order size change when the fixed ordering cost doubles? a. It halves It doubles. c. It increases by 2 d. It increases by H Ob. A firm purchased goods with a purchase price of $100 and the following credit terms: a credit period of 30 days; 2% discount if paid within 20 days. The firm paid for these goods on the 21st day after the date of sale. How much must the firm pay for the goods? a. $98 b. $ 101 OC. $99 d. $ 100