Round $2,399.0996 to the Nearest Cent

question 89

Multiple Choice

Round $2,399.0996 to the nearest cent.

• A)$2,399.00
• B)$2,400.00
• C)$2,399.09
• D)$2,399.10

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Definitions:

Production Order Quantity

The optimal order quantity a company should produce to minimize storage and production costs while meeting demand.

Daily Demand Rate

The average quantity of a product or service that is requested by customers over the course of a single day.

Production Rate

The speed at which goods are manufactured or produced within a given time period.

Average Inventory

The mean value of inventory held over a certain period of time, indicating the level of stock being maintained.