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The hi-lo technique could be appropriate for estimating costs when: There is a single product with a (mostly) linear cost sstructure For large organisations with
The hi-lo technique could be appropriate for estimating costs when:
There is a single product with a (mostly) linear cost sstructure | ||
For large organisations with many product lines | ||
When costs increase in an exponential curve | ||
When costs decrease due to economies of scale |
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