A Company Has Developed a New Cell Phone That Will

question 113

Multiple Choice

A company has developed a new cell phone that will be targeted at developing countries. It is estimated that the demand for the new product will initially be slow but would accelerate gradually as the product becomes increasingly familiar to worldwide consumers. In order to determine the number of workers necessary to staff the new production facilities, the company needs to conduct a(n)

• A) market search.
• B) utilization survey.
• C) demand forecast.
• D) inventory calculation.
• E) recruitment drive.

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Definitions:

Customer Specifications

Detailed descriptions provided by customers outlining the specific requirements, features, or standards that a product or service must meet.

Small-Batch

Production processes characterized by the production of small quantities of goods tailored to specific customer demands or to test new markets.

Supply Chain Management

Strategically links all operations dealing with resource supplies.

Effective Flow

The efficient and smooth process of operations and tasks in an organizational or project setting.