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Answer to Question #247721 in Microeconomics for Sumit
Question #247721
How can you utilize the limited resources to fulfill your needs by flower vender
Expert's answer
- Obtain a realistic view of both demand and capacity to deliver
- Determine true resource availability
- Put the right resources on the right work at the right time
- Understand what roles and/or skill sets to hire to fulfill commitments
- Provide objective methods to prioritizing work ensuring demand is balanced against capacity to deliver
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