Questions: During the design planning stage for its new appliances, Torr, Inc. needs to determine how many different product variations there will be. This is the same as determining the product 1) features. 2) life cycles. 3) line. 4) prices. 5) availability.

The answer is 1) features: the original text in the question...

Explanation for each option:

1. Features: This is the correct answer. Determining the number of different product variations involves identifying the various features that can be included in the products. Features are the specific attributes or characteristics of a product that can vary, such as color, size, functionality, or design elements. By deciding on different combinations of these features, a company can create multiple product variations.

2. Life cycles: This option is incorrect. Product life cycles refer to the stages a product goes through from introduction to decline in the market. While important for planning, life cycles do not directly determine the number of product variations.

3. Line: This option is incorrect. A product line is a group of related products under a single brand offered by a company. While a product line may contain multiple variations, the term itself does not specify the number of variations.

4. Prices: This option is incorrect. Pricing is a separate consideration from determining product variations. While different variations may have different prices, the process of setting prices does not determine the number of variations.

5. Availability: This option is incorrect. Availability refers to the extent to which a product is accessible to consumers, such as in terms of stock levels or distribution channels. It does not determine the number of product variations.