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Alternatives for Managing Demand

Instructions:

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question 1 of 3

Mario's Pizza Palace sells an average of 200 pizzas per day and has successfully been able to keep up with the demand; which of the following statements BEST explains demand?

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1. When is it necessary to consider alternatives for managing demand?

2. After their restaurant was featured in a popular film, Mario's Pizza Palace has experienced an increase in sales. As a result, the owner has decided to outsource some of the production process to keep up with the demand. Which of the following statements BEST explains outsource?

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About This Quiz & Worksheet

If you use this worksheet and quiz, you will have the chance to quickly assess your knowledge of the alternatives used to manage demand. You will be asked what happens when you increase and decrease prices.

Quiz & Worksheet Goals

Utilizing this worksheet/quiz combo, you can gauge your knowledge of:

  • What happens when prices are increased
  • What happens when prices are decreased
  • The definition of demand
  • When to seek alternatives for managing demand

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on alternatives for managing demand
  • Information recall - access the knowledge you have gained about the meaning of outsourcing
  • Knowledge application - use your knowledge to answer questions about what demand is

Additional Learning

If you want to keep learning about managing demand, you can read through the lesson called Alternatives for Managing Demand. Use this interactive lesson for these goals:

  • Explore business examples of demand
  • Identify the ways to manage demand
  • Examine approaches to increasing profits
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