Solve the Problem. -ABC Phone Company Charges $23 Per Month Plus 3¢ Per

question 205

Multiple Choice

Solve the problem.
-ABC phone company charges $23 per month plus 3¢ per minute of phone calls. XYZ phone company charges $11 per month plus 6¢ per minute of phone calls. How many minutes of phone calls in a month make XYZ phone company the better deal?

• A)Less than 40 minutes
• B)Less than 400 minutes
• C)More than 40 minutes
• D)More than 400 minutes

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Definitions:

Stockouts

Occurrences when the demand for a product exceeds its supply in inventory, leading to inability to fulfill customer orders.

Aggregate Planning

A process by which a company determines optimal levels of capacity, production, subcontracting, inventory, and workforce to meet demand.

Subcontracting

Refers to the practice where a business contracts out part or all of its production or service processes to external companies.

Overtime

Working hours that extend beyond the normal or legally defined working hours, often compensated at a higher rate.