Given the Position of CD-ROM's in the Decline Stage of Its

question 49

Multiple Choice

Given the position of CD-ROM's in the decline stage of its life cycle, which of the following OM strategies or issues should the makers of CD-ROM's be least concerned with at the current time?

• A) forecasting
• B) cost minimization
• C) over capacity in the industry
• D) pruning lines
• E) reduce capacity

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Definitions:

Master Budget

The master budget is a comprehensive financial planning document that includes all of a company's budgeted financial statements and operating plans for a specific period.

Raw Materials

The basic materials and components used in the production processes of manufacturing goods.

Finished Goods Inventory

The completed products that are ready for sale but have not yet been sold.

Cash Collections

The process of gathering all monies owed to a company by its customers, reflecting inflow of cash.