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NEW QUESTION: 1
Which of the follov5ring is used in determining the economic order quantity ECQ)?
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D. Markov process.
Answer: C
Explanation:
The primary business application of differential calculus is to identify the maxima or minima of curvilinear functions. In business and economics, these are the points of revenue or profit maximization maxima) or cost minimization minima). The Eli results from differentiating the total cost with regard to order quantity.
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Answer:
Explanation:
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