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Explain about the level capacity strategy.
Level capacity strategy:
The organisation produces or manufactures at a constant rate of output avoiding any changes or fluctuations within customer demand levels. This frequently implies stockpiling or higher holdings of inventory while customer demand levels reduce.
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suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700 17% 2,800 12% 2,900 3% (a) Suppose t
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