11 In solving part (c) of Example 8, a manager reasons as follows: The average cost of...
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11 In solving part
(c) of Example 8, a manager reasons as follows: The average cost of producing a car is $11,600 up to 1,000 cars. Therefore, if a customer is willing to pay me
$25,000 for a car, I should certainly fill his order. What is wrong with this reasoning?
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Related Book For 
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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