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The number of bacteria in a culture is doubling every hour.Currently the culture has 128 bacteria.Make a table of values for the number of bacteria present each hour for 0 to 4 hours.For each hour write an expression for the number of bacteria as a product of 128 and a power of 2.Use the expressions to make an entry in your table for the number of bacteria after t hours.Write a function N for the number of bacteria after t hours.
Opportunity Costs
The cost of foregoing the next best alternative when making a decision.
Credit Policy
Guidelines that a company follows to determine the creditworthiness of customers, the terms of credit to extend, and how to collect payments.
Economic Order Quantity
A calculation used to determine the most cost-effective quantity of inventory to order, minimizing both ordering and holding costs.
Safety Stock
Additional inventory beyond expected demand, kept on hand to prevent stockouts typically caused by uncertainties in supply or demand.
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