In October 2004,Caterpillar announced plans to cut its predicted production of construction equipment for 2005 due to forecasted increases in steel prices and growing concern about a tire shortage.Which type of control did Caterpillar use by discovering the problem with product inputs and letting customers know that its output would fall short?

Question

Quizplus · Accepted Answer

Caterpillar monitored its inputs and realized a problem with its output would occur in the near future.

In October 2004,Caterpillar Announced Plans to Cut Its Predicted Production