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Which one of the following statements about demand management is FALSE?
a. The lawn mower manufacturer decided to produce snow blowers to stay busy year-round. These two devices can be described as complementary products.
b. Some ways to manage demand include building anticipation inventories of goods and hiring or laying off employees.
c. The fast food restaurant had a happy hour drink special, 96 ounces of your favorite beverage for the price of only 64 ounces, from 2 pm to 4 pm. This is an example of promotional pricing used to manage demand.
d. A company can use promotional campaigns to cope with its seasonal demand patterns.
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Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost On April 1, Sangvikar Company had the following balances in its inventory accounts.
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Discuss how you could adopt one of these characteristics in your role at work or in your personal life.
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