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Operation Management info@answersheets.in +91 95030-94040
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Operation Management CASE STUDY (20 Marks) The demand for a product generally tends to follow a predictable pattern called the PLC. Product life cycle has been defined as an attempt to recognise different distinct stages in the sales history of the product and a generalised model of sales and profit trends for a product class or category over a period of time” The various stages are introduction, growth, maturity saturation and decline.
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Answer the following question. Q1. Explain the growth stage in brief Q2. Explain the saturation and decline stage in brief
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