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Q. Cedar is a product of the Chester Corporation which is primarily in the Nano segment however is also sold in another segment. Chester starts to create their sales forecast by assuming all policies (R&D, Marketing also Production) for all competitors are equal this year over last. For this question suppose which all 699 of units of Cedar are sold in the Nano segment. If the competitive environment remains unchanged Elucidate what will be the Cedar product's demand next year (in 000's)?
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Each coffee table produced by the Timothy Kent Designers nets firm profit of $9. Each bookcase yields a $12 profit. This post describes how to find out the objective function for maximizing total profits and provides the answer.
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Outdoor furniture manufactures two products, benches and picnic tables. The firm has 2 main resources: its carpenters(labor force) and supply of redwood for use in furniture. This query contains 1 Linear programming problem solved by using QM for wi..
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