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A firm practices a pure chase strategy. Production last quarter was 1,040. Demand over the next four quarters is estimated to be 1,024, 919, 1,069,

A firm practices a pure chase strategy. Production last quarter was 1,040. Demand over the next four quarters is estimated to be 1,024, 919, 1,069, and 1,053. Hiring cost is $22 per unit, and layoff c

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