The Acme Manufacturing Company (500 employees strong) is being audited for proper procurement practices regarding the raw material it buys.

The Acme Manufacturing Company (500 employees strong) is being audited for proper procurement practices regarding the raw material it buys. Acme had $10M in sales last year, and spent $5M on raw material. The auditors found a cabinet filled with files, with each procurement having its own file (there are 900 files.) They decide to select a sample of 150 files, using Systematic Random Sampling. What is the value of