All the Following Are Means to Manage Capacity by Changing

question 32

Multiple Choice

All the following are means to manage capacity by changing or stimulating demand EXCEPT:

• A) varying price of goods or services.
• B) adding peripheral goods and/or services.
• C) providing reservations.
• D) shifting work to slack periods.

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Definitions:

Price of Land

The monetary value assigned to a piece of land based on its characteristics, demand, and supply conditions.

Demand for Trees

The consumer desire or market requirement for trees, whether for lumber, paper products, or environmental benefits.

Demand for Paper Products

The total quantity of paper goods consumers are willing and able to purchase at various prices.

Elasticity

A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in its price.