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Question 1 (4 points) For what purpose is the theory of constraints used? To reduce product defects To balance performance measurement To identify and manage

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Question 1 (4 points) For what purpose is the theory of constraints used? To reduce product defects To balance performance measurement To identify and manage constraints that bottle-neck operatior To reduce inventory levels Question 2 (4 points) Saved Which of the following are period costs? Income taxes and indirect materials Selling and administrative expenses Indirect labor Advertising and factory depreciation

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