Lisa would like to start a new business selling pet toys to local pet shops. To reduce her uncertainty about the volume of toys she can sell in a month, she should do all of the following except:
A) Ask pet store managers how many pet toys they sell every month
B) Determine the average price of the pet toys sold each month at local pet stores
C) Take a sample of toys to local stores and ask how many of each item the managers would be willing to buy
D) Produce as many toys as possible the first month to be certain she has enough

Question

Quizplus · Accepted Answer

The best choice is D because producing as many toys as possible the first month to be certain she has enough is not a reliable way to reduce uncertainty about the volume of toys she can sell in a month. This could lead to overproduction and potential financial losses if the toys don't sell as well as she anticipated. Choices A, B, and C are all viable options for gathering information and reducing uncertainty about the volume of toys she can sell in a month.

Lisa Would Like to Start a New Business Selling Pet