A Company Has Developed a New Cell Phone Which Will

question 100

Multiple Choice

A company has developed a new cell phone which will be targeted to developing countries. It is estimated that the demand for the new product will initially be slow but would accelerate gradually as the product becomes increasingly familiar to worldwide consumers. In order to determine the number of workers necessary to staff the new production facilities, the company needs to conduct a(n) :

• A) market search.
• B) utilization survey.
• C) demand forecast.
• D) inventory calculation.
• E) recruitment drive.

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Definitions:

Operations Management

The administration of business practices aimed at ensuring maximum efficiency within a company, focusing on converting materials and labor into goods and services as effectively as possible.

Inputs

The resources—such as labor, money, materials, and energy—that are converted into outputs.