Besides being more efficient, private farms were also more flexible in adjusting production to obtain a higher product value.
The idea is to have the cartel automatically adjust production when the price of crude oil moves above or below the band.
In the anticipation of reduced demand, it is very easy to adjust production to avoid holding excessive stocks.
Parker Hannifin, for example, adjusts production almost daily to match the previous day's sales.
The plant closing was another step toward adjusting production to the lower demand, it said.
Consequently, they will not adjust production and the neutrality of money occurs even in the short-run.
With unanticipated changes in inflation, the islanders face the imperfect information problem and will adjust production.
Indeed, some manufacturers are using near-real-time data to adjust production.
I would like to remind you that the restructuring measures are intended to help to adjust production in certain problem areas to changes in market demand.
Then, based on instant sales data from computerized cash registers, factories adjust production.