How should a manufacturer of some products decide how many units of that product should be manufactured

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How should a manufacturer of some products decide how many units of that product should be manufactured each year and how much to charge for each unit?

In Problems 1-8, the scenarios are vaguely stated. From these vague scenarios, identify a problem you would like to study. Which variables affect the behavior you have identified in the problem identification? Which variables are the most important? Remember, there are really no right answers.

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A First Course In Mathematical Modeling

ISBN: 9781285050904

5th Edition

Authors: Frank R. Giordano, William P. Fox, Steven B. Horton

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