The Ordering and Transportation Cost C for the Components Used

question 13

Multiple Choice

The ordering and transportation cost C for the components used in manufacturing a product is where C is measured in thousands of dollars and x is the order size in hundreds. Find the rate of change of C with respect to x for x = 24. Round your answer to two decimal places.

• A) -6.44 thousand dollars per hundred
• B) 8.04 thousand dollars per hundred
• C) 3.28 thousand dollars per hundred
• D) -4.92 thousand dollars per hundred
• E) -7.96 thousand dollars per hundred

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Definitions:

Apparent Authority

A situation where a reasonable person would understand that an agent had authority to act, even if the agent did not have actual authority.

Limited Partnership

A partnership consisting of one or more general partners who manage the business and are personally liable, and one or more limited partners whose liability is restricted to their investment.

Transferable Rights

Rights or privileges that can be transferred or assigned from one party to another, either freely or under certain conditions.

LLLP

A Limited Liability Limited Partnership, a form of business organization that combines elements of a partnership and limited liability protections.