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Apple Computer,Inc.collected information on the age of their customers.Suppose the youngest customer was 12 and the oldest was 72.To study the distribution of the age among its customers,it can use a Pareto chart.
Input Prices
The cost of resources used in the production of goods and services.
Total Costs
All costs involved in manufacturing goods or providing services, incorporating both stable and changeable expenses.
Economies of Scale
Economies of scale refer to the benefits companies achieve through large-scale production, which typically results in a reduction of the cost per unit as production volumes increase.
Economies of Scale
Refers to the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
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