Solve and Write Interval Notation for the Solution Set $$| 4 x | < 3$$

question 30

Multiple Choice

Solve and write interval notation for the solution set.
- $$| 4 x | < 3$$

• A) \(\left( - \infty , \frac { 3 } { 4 } \right)\)
• B) \(\left( - \frac { 3 } { 4 } , \frac { 3 } { 4 } \right)\)
• C) \(\left( - \frac { 4 } { 3 } , \frac { 4 } { 3 } \right)\)
• D) \(\left( - \infty , \frac { 4 } { 3 } \right)\)

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Definitions:

Optimal Order Quantity

Optimal order quantity is the number of units that minimizes the total holding and ordering costs for a company's inventory.

Total Cost

The complete cost of producing or acquiring goods or services, including fixed and variable costs, but excluding externalities.

Holding Inventory

involves maintaining a stock of goods or materials to meet demand without incurring stockout or excessive surplus costs.