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The technique that estimates long-run costs and the minimum efficient scale by determining the scale of operation at which most firms in an industry are concentrated is called the-
Statistical cost estimation technique
Engineering estimation technique
Back-of-the-envelope approach
Survivor approach
what is it ?
What is the difference between using an exact optimization technique and a heuristic to solve a problem?
THE SCOPPE AND NEED OF CUSTOMER SERVICE
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Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
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