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1. What are the differences between WC's existing costing system and a traditional costing system used by service organizations such as hospitals and banks?

1. What are the differences between WC's existing costing system and a traditional costing system used by service organizations such as hospitals and banks? Your answer should include discussions of (i) cost structure, (ii) cost drivers, (3) inventory, product, and customer costs. (10 marks)

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Introduction to Operations Research

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