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17.07.2022 - 11:06

What is an example of the chase strategy in aggregate planning?

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What is an example of the chase strategy in aggregate planning?

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Poppy April 6, 2023 в 17:40

An example of the chase strategy in aggregate planning is a temporary hiring of additional workers during a busy season or peak demand periods to match the production with the demand. This means that the company would adjust their workforce levels to match the demand that is expected in the market. The chase strategy is commonly used by companies that produce seasonal products or services. By using this strategy, companies can reduce inventory levels, which ultimately lowers storage costs and financing costs. Furthermore, this results in a more efficient utilization of resources, reduces holding costs, and improves customer service levels.

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