Capacity resources are lumpy in nature. What does the term lumpy mean in this statement? Why is

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“Capacity resources are lumpy in nature.” What does the term lumpy mean in this statement? Why is it relevant in the context of capital budgeting?

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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