ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Product Group
|
|
|
SAP Group
|
|
|
Material Group
|
|
|
Production Group
|
Detailed explanation-1: -Hybrid strategy in aggregate project planning is a combination of the level and chase strategy. It seeks to create an equilibrium between the capacity (or production rate), workforce, and inventory levels while responding to demand as it changes.
Detailed explanation-2: -Level strategy. The main goal of the level strategy is to create an aggregate plan that keeps both production and employment stable. Chase strategy. When using the chase strategy, a company adjusts capacity to match demand constantly. Hybrid strategy. 03-Feb-2023
Detailed explanation-3: -Level Strategy: The goal of an aggregate planning strategy is to keep the production rate and the workforce level. Chase Strategy: As the name implies, you are chasing market demand. Hybrid Strategy: There is a third alternative, which is a hybrid of the previous two strategies. 18-Aug-2021