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Practical Management Science

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Problem 12-7 (Algo)
The following table lists all costs of quality incurred by Sam's Surf Shop last year.
Annual inspection costs
Annual cost of scrap materials
Annual rework cost
Annual cost of quality training
Annual warranty cost
Annual testing cost
$ 170,000
346,000
Appraisal cost
94, 679
516, 000
1, 666, 000
532, 000
What was Sam's appraisal cost for quality last year?

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