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A firm practices a pure chase strategy. Production last quarter was 907. Demand over the next four quarters is estimated to be 904,1,011,1,007 , and

A firm practices a pure chase strategy. Production last quarter was 907. Demand over the next four quarters is estimated to be 904,1,011,1,007 , and 1,191 . Hiring cost is $23 per unit, and layoff cos

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