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Using Excel QM: The Laurenster Corporation needs to set up an assembly line to produce a new product. The following table describes the relationships among the activities that need to be completed for this product to be manufactured.
ACTIVITY
DAYS
IMMEDIATE PREDECESSORS
a
m
b
A
3
6
-
B
5
8
11
C
10
D
1
2
B, C
E
7
15
F
9
14
G
H
4
F, G
I
E, F, H
Assume the supply function for good X can be written as Qs = -100 + 27Px - 5Py - 1.8W, where px=the price of x, Py=the price of good y, and w = wage index for workers in industry x. According to this equation: 1. each one unit increase in price cause..
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