A Wait-And-See Strategy in Regard to Capacity Is Best Characterized

question 104

Multiple Choice

A wait-and-see strategy in regard to capacity is best characterized by

• A) reducing the risks of over optimistic demand forecasts.
• B) using capacity as a competitive weapon in order to compete on cost.
• C) reducing the risks of lost sales due to capacity constraints.
• D) making large, infrequent jumps in capacity expansions.

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Definitions:

Competent

Having the necessary ability, knowledge, or skill to do something successfully and efficiently.

Confidentiality

The ethical and legal requirement to keep client information private, sharing it only with authorized individuals or under specific circumstances.

Ethical

Involves principles and standards that guide behavior in practices and decisions, often emphasizing fairness, honesty, and respect for individuals.

Case Manager

A professional responsible for planning and coordinating support services and resources for individuals in need.