6with a chase strategy production rates or workforce

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Unformatted text preview: ely and is generally the most important.  6. With a chase strategy, production rates or workforce levels are adjusted to match demand requirements over the planning horizon.  7. Level scheduling is an aggregate plan in which daily capacities are uniform from month to month. The underlying philosophy is that stable employment leads to better quality, less turnover, less absenteeism, and more employee commitment.  8. Mixed strategy is a planning approach in which two or more options, such as overtime, subcontracting, hiring and layoff, etc., are used. There are both inventory changes and work force and production rate changes over the planning horizon. Typically, mixed strategies are better (result in lower costs) than pure strategies.  9. The advantage of varying the size of the workforce as required to adjust production capacity is that one has a fundamental ability to change production capacity in relatively small and precise increments. The disadvantages are that a ready supply of skilled labor is not always available, newly hired personnel must be trained, and layoffs undermine the morale of all employee...
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