Question: What is the value of "waiting" when making a capacity investment? Select all correct answers:
- The "first mover advantage" will disappear during the waiting period
- A waiting posture will discourage competitors from entering the market
- New information gained during the waiting period can lead to better forecasts of demand
- The benefit of learning by doing is maximized Capacity can be sized contingent on new information gained during the waiting period
- None of the above