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Blue Star Co.has been using the production order quantity inventory model.If annual demand,daily demand,and the production rate increase to four times their original amounts,which of the following is/a possible consequence?
Unemployment Rate
The percentage of the labor force unemployed at any time.
Technological Advance
The development and application of innovative processes, equipment, or software that enhances productivity, efficiency, or quality.
Farmers
Individuals or entities engaged in the activity of agriculture, which includes the cultivation of plants and rearing of animals for food, fiber, biofuel, medicines, and other products used to sustain and enhance human life.
Optimal Allocation
The most efficient distribution of resources within an economy to maximize the output or welfare.
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