1. what level of inspection is optimal ? 2. think of production activity, what points are...
Homework Answers
1. what level of inspection is optimal?
Optimal level of inspection: when the expense of inspection rises to the cost of passing imperfections .
2. think of production activity, what points are a potential candidate for inspection?
Points that are potential candidates for inspection:
1) When crude materials are bought
2) When products are finished
3) Before an expensive activity
4) Before an irreversible procedure
5) Before a covering procedure.
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what level of inspection is optimal ?
2. think of production activity, what points are...
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deadweight loss of pesticide production in an unregulated
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