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A firm has 43 units of a certain product on hand. Forecasts for the first two planning periods are 20 units each. A production quantity of 80 units is planned to be available in period 3. Customer orders are 22 for period 1 and 17 for period 2. What quantity is available for commitment to new customers in either of the first two periods?
Power Resource Theory
A theory in political sociology that suggests the balance of power between classes, and the social and political power they hold, shapes the nature of the state and public policies.
Elite Theory
Elite theory posits that a small minority, consisting of members of the economic elite and policy-planning networks, holds the most power, and that their power is independent of democratic elections.
Pluralist Theories
Frameworks suggesting society is comprised of diverse and competing interest groups with no single group dominating, leading to a balance of power.
Pluralist Theory
A theory in sociology and political science that suggests power is distributed among many groups and interests in a society.
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