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Consider a manager at a shipping company who is comparing ships with different freight capacities. The ships have different fixed costs and variable costs per
Consider a manager at a shipping company who is comparing ships with different freight capacities. The ships have different fixed costs and variable costs per cubic meter of freight shipped. If the manager wants to choose the alternative which will minimize total costs, s/he will generally need a forecast of the cubic meters of freight shipped that the company expects to handle. True False
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