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In business,what would be the input, conversion and output of operating a summer band camp

What is a sort of auction for stocks in which traders verbally submit their offers?

Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be: