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1 2 A firm practices a pure chase strategy. Production last quarter was 939. Demand over the next four quarters is estimated to be 1,015,

1 2 A firm practices a pure chase strategy. Production last quarter was 939. Demand over the next four quarters is estimated to be 1,015, 830, 1,152, and 1,182. Hiring cost is $16 per unit, and layoff

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