Question

Tradeoffs in cost involve examining the development of alternative designs, _________________ and the required industrial base capability.

Answer 1

Tradeoffs in cost involve examining the development of alternative designs, methods of production, and the required industrial base capability.

A tradeoff is a condition where a company must choose between the existing options in making a business decision. A company often faces a tradeoff situation.There are several considerations related to the cost decision making.

These considerations are the production design, method, and capability. Thus, the production method is the most appropriate answer.