A Wait-And-See Capacity Strategy

question 110

Multiple Choice

A wait-and-see capacity strategy:

• A) involves small, frequent jumps in capacity.
• B) minimizes the chance of lost sales due to insufficient capacity.
• C) can result in economies of scale and a fast rate of learning, yielding reduced manufacturing costs.
• D) stays ahead of demand.

Explain sociological theories on how individual behavior changes in a crowd.

Understand the basic concepts and theories related to population studies, including Malthusian theory and demographic transition.

Calculate and interpret population growth rates and understand the factors influencing these rates.

Identify and describe the study of demography and its significance.