Multiple Choice
A nation can produce two products: tanks and autos. The table below is the nation's production possibilities: 
Refer to the above table. The total opportunity cost of three units of tanks is:
Interpret the relationship between capacity utilization and process efficiency.
Analyze capacity planning decisions and their dependence on demand forecasts and technological concerns.
Understand the financial evaluation tools like Net Present Value for investment decisions.
Comprehend various approaches to demand management in service sectors.
Definitions:
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