Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9781259580093
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 11, Problem 7DRQ

Briefly discuss the advantages and disadvantages of each of these planning strategies:

a. Maintain a level rate of output and let inventories absorb fluctuations in demand.

b. Vary the size of the workforce to correspond to predicted changes in demand requirements.

c. Maintain a constant workforce size, but vary hours worked to correspond to predicted demand requirement;.

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Briefly ex the advantages and disadvantages of each of these planning strategies: Maintain a level rate of output and let inventories absorb fluctuations in demand. Vary the size of the workforce to correspond to predicted changes in demand requirements. Maintain a constant workforce size, but vary hours worked to correspond to predicted demand requirements.
Chase strategy is considered a sales and operations planning strategy such that: Select one: a. involves hiring and laying off staffs to match the demand forecast b. includes overtime, under-time, and vacation planning to match the demand forecast c. Build anticipation inventory to meet the variability in demand. d. deliberates the full range of supply options
Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?

Chapter 11 Solutions

Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)

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