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Unformatted text preview: Marginal [Cost] is the f(x) of the derivative of a cost function High-Low [Method] a SIMPLE method that only focuses on the extremes Fixed [Cost] - the b in the equation: y=mx+b Scatter-plot [Method] using a graph to estimate the FC and VC elements of a mixed cost [Cost of a Service] Provider similar to work in progress <DILI KO SURE; PLS RECHECK> Opportunity [Cost] There is no such thing as a free lunch. Budgeted [Cost] approximation of anticipated costs...
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- Spring '11