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Answer to Question #16425 in Statistics and Probability for Robert
Question #16425
of lost sales because of inability to supply customers.
e) A small plant with moderate demand would yield 4,500,000 annually in profits because of lost sales would be somewhat lower
f) A small plant with low demand yeld 5,500,000 annually because the plant size and market size would be matched fairly optimally.
What should ABC industries Ltd management do?
e) A small plant with moderate demand would yield 4,500,000 annually in profits because of lost sales would be somewhat lower
f) A small plant with low demand yeld 5,500,000 annually because the plant size and market size would be matched fairly optimally.
What should ABC industries Ltd management do?
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