Use the Following to Answer Question

question 66

Multiple Choice

Use the following to answer question:
-(Table: The Cost and Benefit of Producing Gadgets) Use Table: The Cost and Benefit of Producing Gadgets.How many gadgets should you produce?

• A)2
• B)3
• C)4

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Definitions:

Demand Management

Strategies and practices aimed at forecasting, planning, and influencing customer demand to optimize supply chain and resources.

External Balancing

A strategy implemented to match supply and demand by adjusting capacity externally, often through outsourcing or partnerships.

Production Flexibility

Refers to a company's ability to quickly adjust its production levels and processes to accommodate changes in market demand or to exploit new market opportunities.

Exponential Smoothing

A technique used in time series data to smooth out fluctuations and predict future values.