Question: 7 4 points Identify ALL True statements. When demand exceeds capacity, the firm can effectively respond by using reservations. Price changes are useful for matching

74 points
Identify ALL True statements.
When demand exceeds capacity, the firm can effectively respond by using reservations.
Price changes are useful for matching the level of demand to the capacity of a facility.
Utilization will typically be lower than efficiency
Effective capacity is typically higher than design capacity.
When capacity exceeds demand, the firm can effectively respond by raising prices.
When capacity exceeds demand, the firm can effectively respond by using appointments.
74 points Identify ALL True statements. When demand exceeds capacity, the

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