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Regional Regulations and Room of Expansion
Regional Regulations:
It is important to check at an early stage that the proposed location does not infringe any local regulations. A study must be made of the appropriate by laws and of any special regulations concerning the disposal of effluents, hiring etc.
Room of Expansion:
It is most unwise to build to the limit of any unless the long range forecast indicated very definitely that the initial building will never be required to increase in size. This is a most unlikely circumstance and adequate room for genuine expansion should be allowed.
2 enterprises (1 and 2), are in competition with each other by choosing advertising expenditures. The payoff functions of the two enterprises, if enterprise 1 chooses to spend x an
monthly production time for tep.
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Part 1: A company is using the Economic Order Quantity (EOQ) model to manage its inventories. Suppose its inventory holding cost per unit per year doubles while the annual deman
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