Of the Four Approaches to Capacity Expansion,the Approach That "Straddles

question 62

Multiple Choice

Of the four approaches to capacity expansion,the approach that "straddles" demand:

• A)uses incremental expansion.
• B)uses one-step expansion.
• C)at some times leads demand,and at other times lags.
• D)works best when demand is not growing but is stable.
• E)Choices A and C are both correct.

---

Definitions:

Petty Cash Fund

A small amount of cash kept on hand for making immediate payments for small, incidental expenses.

Small Expenditures

Minor or trivial expenses often incurred in the day-to-day operation of a business.

Merchandise

Products acquired for resale to customers in the course of business operations.

Voucher System

An accounting system that involves the use of vouchers as proof of a transaction's occurrence, used for controlling expenditures.