Seymour Solids is in a market in which many firms are attempting to maximize their productive capacity and excess capacity has been created on an industry-wide basis. What might Seymour Solids do to counter this situation and reduce their inventory? Dedicate more money and resources to developing innovative products that outperform their rivals. Cut the price of their product and offer rebates and other special discounts to customers. Increase the price of their product to establish a perceived uniqueness. Differentiate their product by creating a rivalry between Seymore Solids and their chief competitor

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To counter excess capacity and reduce inventory Seymour Solids could consider a combination of strat... View the full answer