Question: c. For technical reasons only a large-or small-scale run is possible and it would not be economical, because of other commitments, to have more than

c. For technical reasons only a large-or small-scale run is possible and it would not be economical, because of other commitments, to have more than one production run. The manufacturer has two objectives: (i) to maximize the profits earned from the plate and (ii) to minimize the number of customers who will be disappointed because insufficient plates were

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