OM (with OM Online, 1 term (6 months) Printed Access Card)
OM (with OM Online, 1 term (6 months) Printed Access Card)
6th Edition
ISBN: 9781305664791
Author: David Alan Collier, James R. Evans
Publisher: Cengage Learning
bartleby

Concept explainers

Question
Book Icon
Chapter 13, Problem 3CQD
Summary Introduction

Interpretation:

Types of aggregate planning strategies used in situation.

Concept Introduction:

There are two broad categories of aggregate planning strategies Level strategy and Chase strategy. A level strategy refers to keeping the regular production level constant even when the demand varies among different periods. Under this strategy, the labor and other resources have equal requirement throughout the planning horizon. Therefore, it is easy to implement the level strategy.

On the contrary, a chase strategy keeps resource level variable and matches the production rate with the demand rate for all the periods making the ending inventory zero for all the period.

Blurred answer
Students have asked these similar questions
What should leaders do after conducting an employee survey?   take immediate action on results   take at least 6 months to review the results to make sure the leader understands them   review them immediately, but do not take action right away   keep results confidential from employees
One of the best ways to encourage teamwork is to:   continually promote from outside of the department   recognize employees who focus on their personal performance goals only   reward employees who complete their own tasks and also assist with problems outside of their department   discuss individual performance issues at staff meetings
What can happen if a leader doesn't encourage teamwork?   team members will support each other more    the environment can become overly competitive and hostile   turnover will descrease   team members become more motivated
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning