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A health club differs from manufacturing firms in that it produces a service rather than products. When a service firm such as a health club considers the creation of a new facility, it must forecast demand for services there.

When a manufacturing firm considers the creation of a new facility to produce more of its product, it must forecast its demand.

Is it generally easier for a service or a manufacturing firm to forecast demand?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92053006

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