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Interpreting Miller - Orr All Night, Inc., uses a Miller - Orr cash management approach with a lower limit of $ 4 3 , 0

Interpreting Miller-Orr All Night, Inc., uses a Miller-Orr cash management
approach with a lower limit of $43,000, an upper limit of $125,000, and a
target balance of $80,000. Explain what each of these points represents; then
explain how the system will work.
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