Best production strategy which minimizes total cost is to be determined. Concept Introduction: chase strategy is an aggregate production planning where the company tries to match demand by producing enough goods to meet the demand for end user. Many company uses chase strategy to reduce cost of inventory and optimize the production plan.

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Chapter 13, Problem 4PA

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Interpretation: Best production strategy which minimizes total cost is to be determined.

Concept Introduction: chase strategy is an aggregate production planning where the company tries to match demand by producing enough goods to meet the demand for end user. Many company uses chase strategy to reduce cost of inventory and optimize the production plan.

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