In a Survey of 20 College Students, It Was Found

question 16

Multiple Choice

In a survey of 20 college students, it was found that 9 were taking an English class, 3 were taking a math class, and 2 were taking both English and math. How many students were taking a math class only?

• A) 13
• B) 11
• C) 10
• D) 1

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Definitions:

Ordering Costs

The expenses incurred from the procurement process, which may include supplier selection, purchase orders, and handling charges, aiming to manage supply chain efficiencies.

Carrying Costs

Expenses associated with holding inventory, including storage, insurance, and taxes.

Inventory Policy

Guidelines that govern how inventory is controlled and managed, including methods for ordering, storing, and using inventory.

Gadgets

Small mechanical or electronic devices or tools, often novel or ingeniously designed, used for specific practical purposes.