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Scenario 2.2
Avie Products Inc. is planning to add a third shift to its production schedule. It currently has 450 workers involved in all aspects of its fertilizer business, best done in Canada. A recent surge in demand from its global customers is driving the need for more workers; however, Simi Meher, the CEO, is concerned that the surge may be temporary, especially in light of the recent economic downturns in the global environment where Avie does business.
-Refer to Scenario 2.2. Which approach could Avie use to forecast demand for its products?
Low-interest Rate Policy
A monetary policy approach where central banks set lower interest rates to stimulate economic growth by encouraging borrowing and investment.
Fixed-rate
Refers to an interest rate that remains constant over the duration of the loan, bond, mortgage, or other financial instrument.
Sub-prime Mortgages
Loans offered to individuals with poorer credit histories or a higher risk of defaulting, usually at higher interest rates.
Fannie Mae
A government-sponsored enterprise (GSE) focused on expanding the secondary mortgage market by securitizing mortgages, enhancing liquidity in the financial system.
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