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Three pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 5,400 lbs. The raw materials inventory at the end of each quarter should equal 20% of the next quarter's production needs in materials. Budgeted purchases of raw materials in the third quarter would be:
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Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
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The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
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Sports leave thousands of college athletes with little time for their studies. this is an example of
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Three pounds of raw materials are required for each unit produced. Raw materials on hand at the star...
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