What Information Would Managers Use to Choose the Best Cost-Effective

question 53

Multiple Choice

What information would managers use to choose the best cost-effective capacity to balance customer service with the cost of adding capacity?

• A)decision trees
• B)economies of scale
• C)capacity cushion
• D)waiting line models

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Definitions:

Parental Investment Theory

A theory suggesting that the extent to which parents invest in their offspring is influenced by the cost and benefits to their own survival and reproductive success.

Potential Mate

An individual who might be considered as a partner in a romantic or sexual relationship based on certain desirable attributes or compatibility factors.

Social Status

The position or rank of a person within the social hierarchy, influenced by factors such as wealth, occupation, education, and family background.

Parental Investment Theory

A theory in evolutionary biology that suggests differences in mating behaviors and parental investment are a result of evolutionary pressures.