The Following Table Shows the U Use the Average Rate of Change to Estimate the U

question 40

Multiple Choice

The following table shows the U.S. population, in millions, in the given year. $$\begin{array} { | l | l | l | l | l | l | } \hline d = \text { year } & 1960 & 1970 & 1980 & 1990 & 2000 \\\hline \begin{array} { l } N = \text { popula- } \\\text { tion in mil- } \\\text { lions }\end{array} & 179.32 & 203.3 & 226.54 & 248.71 & 281.42 \\\hline\end{array}$$ Use the average rate of change to estimate the U.S. population in 1996.

• A) 268.34 million
• B) 251.98 million
• C) 265.07 million
• D) None of the above

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Definitions:

Inventory

The total amount of goods or materials a business has in stock at any given time.

Costs and Profitability

Examines the relationship between an organization's expenses and its ability to generate profit, essential for financial management and planning.

Logistics Perspective

An approach focusing on the effective management of the flow of goods, information, and resources from the point of origin to the point of consumption to meet customer requirements.