$19$:$33$

$.$ III LTE

Mid Term Exam

$0$:$31$:$17$ remaining

A firm has introduced a new product into the marketplace. Customers have reacted very positively to the performance of the product and sales orders are arriving as anticipated $($forecasted$).$ Which actions should the Operations group undertake LAST?

Employ short term capacity maximizations strategies to meet order demand

Acquire new production facilities to expand production

Purchase additional production machinery to meet demand

Seek out low cost raw materials suppliers to reduce product costs