$1.$ How many times in one month must a midsize car rent to cover fixed costs? Hints: The

midsize cars have monthly fixed costs of $366.$ Breakeven number of rentals $=$ fixed costs$/$

net per rental. Bold your answer choice:

A$.12\mathrm{.}30$

B$.14\mathrm{.}08$

C$.16\mathrm{.}12$

D$.18\mathrm{.}64$

$2.$ On any given day $($assume $30$ days per month$),$ what is the breakeven probability of rental? Hint: Divide the number of times a car must rent to cover monthly fixed costs by the number

of days in the month $(30).$ Bold your answer choice:

A$.\mathrm{.}322$

B$.\mathrm{.}397$

C$.\mathrm{.}469$

D$.\mathrm{.}514$

$3.$ How many midsize cars should Ideal Car Rental keep in stock? Hint: Determine the last car that has a probability of rental that is equal to or greater than the breakeven probability of rental. Bold your answer choice.

A$.10$

B$.11$

C$.12$

D$.13$