A manufacturer distributed a new smart thermostat system, Operation Management

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A manufacturer distributed a new smart thermostat system

A manufacturer distributed a new smart thermostat system through wholesalers and retailers. The retail selling price was $877 and the wholesale price was $379. The manufacturers selling price was $169 and the manufacturing cost was $101. Use cost based method to determine the mark-up percentages for the wholesaler. Round up to the second decimal point.

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Operation Management: A manufacturer distributed a new smart thermostat system

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