GSU Operations Management & Quantitative Techniques Discussion
Demand for many products is seasonal and can be impacted by weather, trends, financial markets, all while typically have an elastic demand. how can the companies plan for this and what tactics do companies use to smooth the highs and lows of the demand structure?how many companies stabilize their position in these rocky markets? What are your recommendation for products, industries and how to best address is no fluctuation in demand.
Example: Halloween stores at the mall or a sugar board store.
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