A Capacity _____ Strategy Is a Strategy for Expanding Capacity

question 22

Multiple Choice

A capacity _____ strategy is a strategy for expanding capacity that waits until demand has increased to a point where additional capacity is necessary.

• A) lag
• B) lead
• C) reduction
• D) match

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Definitions:

Budget

An estimate of income and expenditure for a set period of time.

Fixed Expense

Costs that do not vary in amount and are paid on a regular basis, such as rent or mortgage payments.

Recurring Expense

Ongoing financial obligations that individuals or businesses regularly pay, such as rent, utilities, or subscription services.

Fixed Expense

Costs that do not change from period to period, such as rent or mortgage payments, providing predictability in budgeting.