Operations Management Which of the following statements is FALSE? a. Higher product variety makes it harder to forecast demand for individual SKUS. o. Product proliferation results in higher inventory holding costs. c. Customers always benefit from and prefer very high levels of product variety. d. Product proliferation typically increases production costs due to the need for more production setups.
Operations Management Which of the following statements is FALSE? a. Higher product variety makes it harder to forecast demand for individual SKUS. o. Product proliferation results in higher inventory holding costs. c. Customers always benefit from and prefer very high levels of product variety. d. Product proliferation typically increases production costs due to the need for more production setups.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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Transcribed Image Text:Operations Management
Which of the following statements is FALSE?
a. Higher product variety makes it harder to forecast
demand for individual SKUS.
b. Product proliferation results in higher inventory holding
costs.
c. Customers always benefit from and prefer very high
levels of product variety.
d. Product proliferation typically increases production
costs due to the need for more production setups.
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