The more current capacity exceeds desired capacity, the greater the opportunity for profit.
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Q18: Expected monetary value gives the long-run average
Q19: Capacity decisions are usually one-time decisions; once
Q20: The maximin approach involves choosing the alternative
Q21: Suppose a firm has decided to break
Q22: Capacity decisions often involve a long-term commitment
Q24: The current trend toward global operations has
Q25: Having excess capacity tends to keep operating
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