Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

a firm practices a chase strategy. production last quarter was 800. demand over the next four quarters is estimated to be 1000, 1000, 800, and 700. hiring cost is $25 per unit, and layoff cost is $15 per unit. over the next year, what will be the sum of hiring and layoff costs?

Sagot :

Costs associated with recruiting and firing total 7,500.

Describe the Chase Strategy.

One tactic businesses employ to keep inventories at a constant level while meeting demand is the chase strategy. Because the chase method alters production to satisfy demand, it is occasionally referred to as demand matching.

Benefits

(A) Lower inventory levels are the primary advantages of a chasing strategy (free capital resources).

Reduced carrying costs are (B).

Example

When you order meals at a restaurant, the staff often makes the order by drawing supplies from a "stable inventory" level, or in other words, "chasing the demand."

To know more abou Chase Strategy, visit

https://brainly.com/question/17029872

#SPJ1

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.