All of the Following Actions Can Help Managers Adjust or Tailor

question 26

Multiple Choice

All of the following actions can help managers adjust or tailor their production capacity to match fluctuating levels of demand EXCEPT:

• A)review the hours of business
• B)spend less on advertising and sales promotions
• C)cross-train employees
• D)create flexibility in what is offered
• E)schedule downtime during periods of low demand

---

Definitions:

Sensitivity Analysis

An analysis method to evaluate how changes in the values of an independent variable influence a dependent variable, based on a set of given assumptions.

NPV

Stands for Net Present Value, a method used in capital budgeting to evaluate the profitability of an investment or project.

Scenario Analysis

The process of analyzing and evaluating possible future events by considering various feasible outcomes or scenarios, typically to assess potential risks and impacts.

Best Case Scenario

The most favorable or desirable outcome possible in a given situation.