If price and demand vary over time in a global network,flexible production capacity can be reconfigured to maximize profits in the new environment.

Question

Quizplus · Accepted Answer

Flexible production capacity allows companies to quickly adapt to changes in demand and price, and reconfigure their operations to maximize profits in the new environment. This can be especially useful in a global network where market conditions can change rapidly and unpredictably.

If Price and Demand Vary Over Time in a Global