Anticipatory strategy and responsive strategy

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The Hockey playoffs are here and apparel manufacturers now face the problem of determining how many Stanley Cup t-shirts to make to sell to retail stores, who will in turn sell them to fans of a team. The fundamental challenge faced by these manufacturers is that they don’t yet know who will make the Stanley Cup, and making t-shirts takes time. Describe two strategies to this problem: (1) An anticipatory strategy, and, (2) A responsive strategy, including one advantage and disadvantage of each.

Reference no: EM132224224

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