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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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What are the disadvantages of the chase demand strategies? The disadvantages of the chase demand strategies are as illustrated below: a. Over reliance onto flexible staff th
A jet engine has ten components in series. The average reliability of each component is 0.998. What is the reliability of the engine? (Round your answer to 3 decimal places, the
All else constant, as the price of petroleum increases relative to the prices of other inputs to the production process, in their effort to minimize their total costs of production
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The table details the task required for an industry to manufacture a fully portable vacuum cleaner. The times are in minutes. Demand forecasted a need to manufacture in a cycle of
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