In calculating the quantity of products to be produced you should consider all except the following:
A) forecasted demand for your product.
B) Production output of your closest competitor.
C) capacity of your production facilities.
D) labor hours available.

Question

Quizplus · Accepted Answer

The production output of your closest competitor may be a helpful factor in understanding the industry norms, but it should not be the deciding factor in calculating the quantity of products to be produced. Instead, you should primarily consider the forecasted demand for your product, the capacity of your production facilities, and the labor hours available.

In Calculating the Quantity of Products to Be Produced You