The Inventory of a Scrap Pile Is as Follows

question 10

Short Answer

The inventory of a scrap pile is as follows:
Channel iron, 87"
Plate steel, 147"
Key stock, 45"
Pipe, 69"
Flat iron strap, 208"
A pipe support is welded using the following materials from the scrap pile:
Channel iron, 61"
Plate steel, 106"
Key stock, 39"
Pipe, 22"
Flat iron strap, 189"
-How much flat iron remains in the scrap pile, in inches?

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Definitions:

Vertical Contracts

Agreements between firms at different levels of the supply chain, such as between a manufacturer and a retailer, aimed at controlling or coordinating activities.

Costly Activities

tasks or operations that require a high expenditure of resources, such as time, money, or labor.

New Product

A good, service, or idea that has not previously been brought to the market by its seller.

Tying

A sales practice where a seller requires the purchase of a second product or service together with the first.