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How is the chase demand strategy opposite of level capacity?
Chase demand strategies:
Chase demand strategies are the totally opposite of level capacity in which the organisation frequently requirements to match levels of customer demand to its production volume as an example of JIT systems. Such strategy will need the flexible employ of resources in order to accomplish achieve this for example, minimisation of resources while over capacity exists and the swift procurement of resources while under capacity.
what is production and operation management?
Item Cost - $7.00 Order Cost - $283.00 Annual Hold - 32% of item cost Annual Demand - 22,100 Average Demand - 442 per week Standard deviation of weekly demand 20 per week lead time
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