Question

​​​​​ The cost of changing capacity includes the Cost of adding machine capacity. Cost of reducing...

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  1. The cost of changing capacity includes the
  1. Cost of adding machine capacity.
  2. Cost of reducing machine capacity.
  3. Cost of hiring workforce.
  4. Cost of laying off workforce.
  5. All of the above
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Answer #1

Answer: All of the above

Explanation: The cost of changing the capacity includes the cost of capacity adding or removing (capacity strategy) and also costs involved in workforce hiring and laying off (workforce strategy).

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