When a firm produces goods for mass consumption,what type of goods production method is generally used?
A) High-contact systems
B) Make-to-order
C) Layout planning
D) Low-contact systems
E) Make-to-stock

Question

Quizplus · Accepted Answer

When a firm produces goods for mass consumption, it generally uses a make-to-stock production method. This involves producing goods in large quantities in advance of customer demand, with the goal of having a ready inventory available for prompt delivery when customers place orders. This allows the firm to meet customer needs quickly and efficiently, while also minimizing the risk of stockouts and lost sales.

When a Firm Produces Goods for Mass Consumption,what Type of Goods