Charles is a consultant living in a rented apartment. which of the following statements would represent a logical position for him to take on renters insurance? select the best answer from the choices provided.
a. charles should buy renters insurance because the premiums are not substantially less than the value of his belongings.
b. charles should buy renters insurance to protect the value of the property.
c. charles should forgo renters insurance if the premiums will quickly overtake the value of his belongings.
d. charles should forgo renters insurance if the deductible is substantially less than the value of his belongings.

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $