Supp_ch - ch3: Production strategies
the _________________ production strategy adjusts capacity to match demand
chase
the _________________ production strategy is a good strategy when skill level, training requires, or the cost f hiring and terminating people is low. Also good for make-to-order items
chase
the _________________ production strategy satisfies demand by increasing or decreasing labor (hiring, layoffs), materials, or necessary resources as needed
chase
with the _________________ production strategy finished goods inventory remains constant, no backlogs, but production costs fluctuate up and down
chase
the _________________ production strategy satisfies demand by maintaining stable core workforce while using other short-term means such as overtime, subcontracting, and part-time helpers, to manage short-term demand
hybrid
the _________________ production strategy sets production to match demand as closely as possible.
hybrid
with the _________________ production strategy no backlogs, but finished goods inventory and production costs are allowed to fluctuate up and down.
hybrid
the _________________ production strategy is a good strategy when: changeover is long, its inefficient to stop and start, make-to-stock firms
level
the _________________ production strategy relies on a constant output rate while varying inventory and backlog according to fluctuating demand
level
the _________________ production strategy satisfies demand by keeping the workforce stable and producing excess inventory when customer demand decreases, and when demand increases, demand is satisfied through excess inventory or by accepting a backlog
level