The NASAA statement of policy regarding investment advisors that wish to exercise discretion in a customer account:A. Requires that written power of attorney be obtained prior to the age and exercising discretionB. Permits that the agent can exercise discretion for up to 10 days upon the verbal authorization of the customer, as long as written power of attorney is obtained by the end of the time. C. Permits the agent to exercise discretion for up to 30 days upon the verbal authorization of the customer, as long as written power of attorney is obtained by the end of that time.

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 $