What is a product line?

What will be an ideal response?

Answer: A product line is a group of products from a single manufacturer that are similar in terms of use or characteristics. Within each product line, a company confronts decisions about the number of goods and services to offer. On the other hand, creating too many products and product variations can be expensive for everyone in the supply chain and can be confusing to buyers.

Business

You might also like to view...

The placement of a house upon the lot is referred to as its:

a. preference. b. orientation. c. zoning classification. d. location.

Business

Sensitivity analysis seeks to assess the impact of changes in the input data and parameters on the proposed solution

Indicate whether the statement is true or false

Business