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Advantages and disadvantages of planning strategies

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Reference no: EM133168315

Discussion

Briefly discuss the advantages and disadvantages of each of these planning strategies:

1. Maintain a level rate of output and let inventories absorb fluctuations in demand.

2. Vary the size of the workforce to correspond to predicted changes in demand requirements.

3. Maintain a constant workforce size, but vary hours worked to correspond to predicted demand requirements.

Reference no: EM133168315

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