A Wait-And-See Capacity Strategy Does All of the Following EXCEPT

question 2

Multiple Choice

A wait-and-see capacity strategy does all of the following EXCEPT:

• A)lag behind demand.
• B)minimize the chance of lost sales due to insufficient capacity.
• C)meet capacity shortfalls with overtime,temporary workers,subcontracting,and stockouts.
• D)reduce the risk of overexpansion based on overly optimistic demand forecasts.

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Definitions:

Brainstorming

A creative group activity aimed at generating a large number of ideas or solutions for a specific problem or challenge.

Cross-Functional Teams

Groups composed of members from different departments working together towards a common goal.

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc.

Problem Solving

The process of identifying a problem, devising and implementing solutions, and evaluating the outcomes.