Reexamine the plant-rearrangement decision in Exhibit 1-1. . Give an example of (1) a prediction method for

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Reexamine the plant-rearrangement decision in Exhibit 1-1.

. Give an example of (1) a prediction method for direct-labor costs under the “do nothing” alternative that is more specific than using the historical costs indicated in the exhibit; and (2) a decision model that is more specific than described in the exhibit.

What steps in Exhibit 1-1 are often described as planning? As control?

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