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The market for branded athletic footwear is projected to grow
a 7-9% annually worldwide during the Year 11-Year 20 period.
b 9-11% annually in Latin America and the Asia-Pacific during the Year 11-Year 15 period and 5-7% annually in North America and Europe-Africa during the Year 11-Year 15 period.
c 5-7% annually in all four geographic regions during the Year 11-Year 15 period and 2-4% annually in all four regions during the Year 16-Year 20 period.
d 3-6% annually worldwide during the Year 11-Year 20 period.
e 8% annually in all four geographic markets during Years 11-15, and then slow gradually to 6% annually in all markets by Year 20
Using the data, suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700
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Factors for Selection of Processes The following factors should be considered for selection of processes: Quantity to be produced: Some processes are very expen
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