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'Best Bulbs Pvt. Ltd.' was manufacturing good quality LED bulbs and catering to the local market. The current production of the company is 800 bulbs a day. Sumit, the marketing manager of the company, surveyed the market and decided to supply the bulbs to five-star hotels also. He anticipated the higher demand in the future and decided to buy a sophisticated machine to improve further the quality and quantity of the bulbs produced. Identify the factors affecting fixed capital requirements of the company. |
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Answer» 'Best Bulbs Pvt. Ltd.' was manufacturing good quality LED bulbs and catering to the local market. The current production of the company is 800 bulbs a day. Sumit, the marketing manager of the company, surveyed the market and decided to supply the bulbs to five-star hotels also. He anticipated the higher demand in the future and decided to buy a sophisticated machine to improve further the quality and quantity of the bulbs produced. |
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