Matching the Production Rate to the Order Rate by Hiring

question 13

Multiple Choice

Matching the production rate to the order rate by hiring and laying off employees as the order rate varies is which of the following pure production planning strategies?

• A) Stable workforce, variable work hours
• B) Chase
• C) Level
• D) Meeting demand
• E) Minimizing inventory

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Definitions:

Exclusive Rights

Special privileges granted to an individual or organization, allowing them to be the sole party with the legal right to use, produce, or sell a particular product or service.

Franchisee

An individual or company that has been granted the right by a franchisor to use a specific business trademark, model, or formula in a particular location.

Royalties

Payments made to the owners of intellectual property, such as authors and inventors, for the use of their work.

Franchising

A business model that allows individuals or entities to operate a branch of an established company with its brand and business strategy.