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A firm practices a chase strategy. Production last quarter was 1200. Demand over the next four quarter is estimated to be 1000, 800, 1100, and
A firm practices a chase strategy. Production last quarter was 1200. Demand over the next four quarter is estimated to be 1000, 800, 1100, and 1000. Hiring cost is $15 per unit, and layoff cost is $5
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