One Question That Operations Managers Must Answer When Generating an Aggregate

question 84

True/False

One question that operations managers must answer when generating an aggregate plan is whether prices or other factors should be changed to influence demand.

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Definitions:

Check-Collection

The process of receiving and processing checks to obtain payment from the banking institutions on which they are drawn.

Disclaimed

Refused to acknowledge or accept something, especially legal claims or responsibility.

Warranty Liability

The legal obligation of a seller or manufacturer to repair, replace, or compensate for a defective product within a specified time period.

Negotiation

A process of discussion aimed at reaching an agreement between two or more parties.