2 Seasonal fluctuations: The demand for some goods is seasonal with demand occurring mainly at a particular
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2 Seasonal fluctuations: The demand for some goods is seasonal with demand occurring mainly at a particular time of year. In order to maintain production processes, however, the firm will manufacture goods continuously throughout the year and the stock of finished goods will build up during the year and be sold in the appropriate season. An example of this is toy manufacturing where the majority of goods are sold during the pre-Christmas season.
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Managing Finance A Socially Responsible Approach
ISBN: 9780750661010
1st Edition
Authors: D. Crowther
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