In Using the Chase Strategy, Variations in Demand Could Be

question 58

Multiple Choice

In using the chase strategy, variations in demand could be met by

• A)promotions.
• B)varying output during regular time by changing employment levels.
• C)varying inventory levels.
• D)using some combination of inventories, overtime, part-time, subcontracting, and back orders.
• E)price adjustments.

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Definitions:

Aggregate

A collection or sum of individuals, items, or data points brought together for analytical or statistical purposes.

Broadway show

A live theatrical performance, typically a musical or play, presented in one of the professional theaters located in the Broadway district of New York City.

Little League

A youth sports organization in the United States that organizes local baseball and softball leagues for children.

Primary groups

Small social groups whose members share close, personal, and enduring relationships, often characterized by long-term emotional ties and support.