In using the "chase demand strategy" variations in demand could be met by:
A)hiring part time workers.
B)subcontracting.
C)the use of overtime.
D)varying inventory levels.

Question

Quizplus · Accepted Answer

The chase demand strategy is designed to match production with demand, so varying inventory levels is the best choice for meeting variations in demand. This allows businesses to efficiently manage their inventory levels to ensure that they have the right amount of stock on hand to meet customer demand. Hiring part-time workers, subcontracting, and the use of overtime may be effective strategies for addressing short-term spikes in demand, but they are not sustainable solutions over the long-term. Varying inventory levels is a more flexible approach that can help businesses meet fluctuations in demand while maintaining a consistent production schedule.

In Using the "Chase Demand Strategy" Variations in Demand Could