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Question: A logistics company has been in business

A logistics company has been in business for 4 years and wants to develop monthly indices. Monthly inventory quantities for these years are shown in the table below. a) Develop monthly indices. b) Estimate next year’s forecast for the months April, July, and December, assuming that the annual inventory quantity will be 1,500 units.
A logistics company has been in business for 4 years and wants to develop monthly indices. Monthly inventory quantities for these years are shown in the table below.
a) Develop monthly indices.
b) Estimate next year’s forecast for the months April, July, and December, assuming that the annual inventory quantity will be 1,500 units.


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> If the first unit of a production run takes 1 hour and the firm is on an 80% learning curve, how long will unit 100 take?

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