Use Properties of Logarithms or a Definition to Simplify the Expression

question 44

Multiple Choice

Use properties of logarithms or a definition to simplify the expression. Check the result with a change-of-base formula and a calculator. Round your answer two decimal places. ​

• A)7.39
• B)2.00
• C)4.00
• D)8.00
• E)no solution

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Definitions:

Holding Cost

Refers to the costs related to retaining inventory, encompassing expenses such as storage, depreciation, and opportunity costs.

Replenishment Order

An order placed to restock inventory or supplies to ensure sufficient levels are maintained to meet anticipated demand.

Trade Promotion

Marketing activities executed to increase product demand among wholesaler, retailer, or distributor levels.

Fixed Cost

Costs that do not change with the level of production or sales activities, such as rent, salaries, and insurance.