Which of the following OM Strategy/Issues should a firm with a product in the maturity stage of its life cycle be least concerned with at the present time?
A) increase capacity
B) long production runs
C) standardization
D) cost cutting
E) fewer rapid product changes

Question

Quizplus · Accepted Answer

A firm with a product in the maturity stage of its life cycle is likely to have already established a stable demand for its product, and therefore may not require an immediate increase in capacity. Thus, they should be least concerned with increasing capacity at the present time.

Which of the Following OM Strategy/Issues Should a Firm with a Product