Often, the capacity of the most expensive machine defines a plants capacity. That is, firms will deliberately

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Often, the capacity of the most expensive machine defines a plant’s capacity. That is, firms will deliberately install excess capacity in “cheap” resources. Why might this practice be optimal?

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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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