In state of Product life cycle, the demand is the lowest and the production proc

Question

In state of Product life cycle, the demand is the lowest and the production process is (select one from: process-focus, product-focus, mass customization.) 2. 6 Sigma means less than defects out of 1 million products. 3. Explain why Federal Express selects its hub in Memphis, Tennessee. 4. The fixed and variable costs for 3 potential plant sites for a ski equipment manufacturer are shown below. (a) Graph the total cost lines for the three potential sites, (use x = 0 and x = 300 to draw the graph) (b) Over what range of annual volume is each location the preferable one? (c) If expected volume is 400 units, which location would you recommend? 5. Solve the following maximum-profit problem by using a decision tree.

Explanation / Answer

In Introduction stage of product life cycle the demand is the lowest and the process is product focus.

During the introduction phase of product life cycle,the size of the market for the product is small, which means sales are low, although they will be increasing.

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