Comparison of costs of level and chase demand production plans. Concept Introduction: Chase strategy is a strategy used by company to meet uncertain demands of customers. Company produces so much goods that there is enough inventory for end users. This strategy is used usually by companies to optimally reduce cost of inventory.

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Chapter 13, Problem 6PA

Summary Introduction

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Comparison of costs of level and chase demand production plans.

Concept Introduction:

Chase strategy is a strategy used by company to meet uncertain demands of customers. Company produces so much goods that there is enough inventory for end users. This strategy is used usually by companies to optimally reduce cost of inventory.

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