Question

The three basic production strategies for addressing the aggregate planning problem are the chase production strategy, the level production strategy, and the mixed production strategy.
A. True
B. False

Answer 1

Answer: True

Explanation:

The basic production strategies that are known for addressing planning problem are as follow:

1. Chase production strategy : The chase strategy is referred to as the idea that one organization is chasing demand that is set by market.

2. Level production strategy : Level strategy use tends to state that an organization will produce the commodities at constant rate irrespective of demand level.

3. Mixed production strategy : The mixed strategy tends to deal with several objectives at time, such as  equating production to forecast-ed demand.