When keeping inventory is expen 25 sive because the

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(when keeping inventory is expen- (25) sive because the products will soon become obsolete). For another, as new products proliferate, demand is divided among a growing number of stock-keeping units (SKU’s). Even (30) though manufacturers and retailers can forecast aggregate demand with some certainty, forecasting accurately how that demand will be distributed among the many SKU’s they sell is difficult. (35) For example, a company may be able to estimate accurately the aggregate number of shoes it will sell, but it may be uncertain about which specific types of shoes will sell more than other types. 12
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-------------------------------------------------------------------------------- Q23: Which of the following most accurately describes the function of the last sentence in the passage (lines 35-40)? A. To cite a situation in which the aggregate demand is more important than the distribution of demand among SKU’s B. To refute an assertion about the side effects of flexible manufacturing C. To illustrate an assertion about companies’ ability to forecast demand D. To provide an example of ways in which companies address the difficulties of forecasting demand E. To note an exception to the author’s assertion about distributing demand among SKU’s Answer: -------------------------------------------------------------------------------- Q24: The passage suggests which of the following about divided demand among a growing number of SKU’s? -------------------------------------------------------------------------------- Q25: According to the passage, which of the following has led to growth in the number of new products introduced in the United States each year? ----------------------------------------------------------------------------------------------------------- - Q26: Tourists have long complained that hotel accommodations in Midville are too expensive. Starting last year, the city council, hoping to attract more tourists, lowered the hotel tax rate to 5 percent of room charges. By the end of last year, Midville had taken in no less 13
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money from hotel taxes than it did the year before, so an examination of the hotel records will show that more tourists stayed in city hotels last year than the year before. Which of the following is an assumption on which the argument depends?
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