If price and demand do vary over time in a global network,
A)flexible production capacity should not be used in the new environment.
B)flexible production capacity will be ineffective in the new environment.
C)flexible production capacity can be reconfigured to maximize profits in the new environment.
D)flexible production capacity should never be used in an uncertain environment.

Question

Quizplus · Accepted Answer

In an environment where price and demand are subject to change, flexible production capacity can be reconfigured to optimize profits. By adjusting production levels to correspond with changes in demand and price, companies can maintain profitability in the global market. Therefore, flexible production capacity should be used in this type of environment.

If Price and Demand Do Vary Over Time in a Global