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A large wood products company is negotiating a contract to sell plywood overseas. The fixed cost that can be allocated to the production of plywood
A large wood products company is negotiating a contract to sell plywood overseas. The fixed cost that can be allocated to the production of plywood is $878556 per month. The variable cost per thousand board feet is $130.32. The price charged will be determined by p = $(629 0.050] per thousand board feet. a. calculate the profit or loss at the optimal value. In 2 decimal values
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