Title: Explain the effect of supply and demand on manufacturing.
Course: Manufacturing Systems II, Advanced (13002-II) > Section: Applying Business Concepts

Explanation should include effects on

- product pricing
- product availability
- labor.

Process/Skill Questions:

- How does price vary with availability?
- How does demand affect production?
- How does supply affect production?
- What is just-in-time inventory?
- Can a company create demand? Explain.