What is the difference between a chase strategy and a level strategy in sales and operations planning?
What will be an ideal response?
A chase strategy involves hiring and laying off employees to match the demand forecast over the planning horizon. The output level varies as the employee count varies. The level strategy involves keeping the workforce constant and either varying utilization and/or varying level of inventory.
Business
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One objective of an energy management system is to reduce energy costs through the purchase of efficient heating, air-conditioning, and ventilating equipment
Indicate whether the statement is true or false
Business
Briefly describe three major trends in IT management
What will be an ideal response?
Business