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.

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?