MGMT 36000 Production / Operations Management Review 3 1. In using the \"chase s

Question

MGMT 36000 Production / Operations Management Review 3 1. In using the "chase strategy" variations in demand could be met by: A. varying output during regular time without changing employment level. B. varying output during regular time by changing employment levels C. (a) and (b) D. varying inventory levels E. price increaseS Use the following to answer questions 2 and 3 A firm has 43 units of a certain product on hand. Forecasts for the first two planning periods are 20 units each. A production quantity of 80 units is planned to be available in period 3. Customer orders are 22 for period 1 and 17 for period 2. 2. What is the projected on-hand inventory at the end of period 2? A. 21 C. 12 D. 20 E. impossible to say without more information 3. What quantity is available for commitment to new customers in either of the first two periods? A. 21 C. 20 D. 4 E. impossible to say without more information

Explanation / Answer

1.

Answer:

C. (a) & (b)

While using chase strategy in order to meet the variation in demands varying output regular time without changing employment level and with changing employment level are important.

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