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Management Studies

Question: 1. What are the key cost advantages of a level production strategy over a chase strategy? Of a chase strategy over a level production strategy?

2. Suppose your firm is using a level production planning approach to manage a seasonal demand. Your production manager is evaluated on lowest production cost but the logistics manager is evaluated on the amount of inventory the firm holds. Explain the issues.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92758336

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