Final answer:
Organizations must evaluate various factors when choosing between alternate sales and operations plans, such as the ability to adjust production, set prices, manage facilities, and modify their workforce and product offerings. The choice often involves selecting options that minimize costs and opportunity costs for greater efficiency and profitability.
Step-by-step explanation:
An organization considering three alternate sales and operations plans should evaluate various factors to make an informed decision. These factors include the ability to expand or reduce production, set the price they choose, open new factories or sales facilities or close them, hire workers or lay them off, and start selling new products or stop selling existing ones. Additionally, when faced with decisions like shifting production from one product to another, like snowboards over skis, the firm should consider the opportunity cost and choose the option that minimizes production costs and maximizes productive efficiency. This could mean choosing a production technology or plant that has the lowest total cost or the lowest opportunity cost, which often leads to a shift towards more efficient use of technology and resources. In this way, companies aim to optimize their operations and improve profitability.