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Knox Chemical Corporation is one of the largest producers of isopropyl alcohol, or isopropanol, as it frequently is called. Isopropanol is used to produce acetone, an important industrial chemical; it is also used to make various chemical intermediate products. Because Knox Chemical produces both acetone and these chemical intermediates, it uses much of the isopropanol […]

 

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The reservation prices (in dollars) of three classes of demanders (classes A, B, and C) for Ricky Parton’s (a Latin country-western singer) compact discs are given in the table that follows: It costs $4 to produce and distribute each compact disc. The company can sell each CD separately, can put them together as a boxed […]

 

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Redecorating and renovating have become a popular international pastime. In a world facing persistent terrorist alerts and lagging economies, more and more people are opting to stay home and make their homes safe havens. This phenomenon has contributed tremendously to the success of IKEA, the Swedish home furniture giant. In the past 10 years sales […]

 

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Bob and Ron’s Stereo sells televisions and DVD players. They have estimated the demand for these items and have determined that there are three consumer types (A, B, and C) of equal number (assume one for simplicity) that have the following reservation prices for the two products. Bob and Ron’s cost for a TV is […]

 

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