The Supply Planning Team has many general options to select from a Production Pl

Question

The Supply Planning Team has many general options to select from a Production Planning strategy perspective. A Chase Strategy might utilize which of the following planning approaches?

A.vary work force to meet demand requirements

B.vary production levels to meet demand requirements

C.little or no use of inventory to meet demand requirements

D.vary production levels and work force to meet demand requirements

E.All of the above are consistent with a chase strategy

Chef Nicely bases his forecasts on all of the following

except?:

A.his judgment.

B.past food sales for similar events.

C.corporate directives.

D.ticket sales for the current event.

For what kinds of food venues must Chef Nicely prepare? food?

A.concession stands

B.box seats

C.fine dining

D.private lounges

E.All of the above.

Explanation / Answer

1. Companies that use the Chase Strategy, or Demand Matching Strategy, produce only enough goods to meet or exactly match the demand for goods. As and when demand arises, the goods are produced for consumption. E.g a restaurant, which produces meals only when a customer orders, therefore matching the actual production with customer demand.

A production planning method that maintains a stable inventory level while varying production to meet demand.

E. All the characteristics i.e (A) vary work force to meet demand requirements, (B) vary production levels to meet demand requirements, (C) little or no use of inventory to meet demand requirements, (D) vary production levels and work force to meet demand requirements go with Chase Strategy.

2. (C) Corporate Directives cannot be the precise decisive factor for basing food forecasts while remaining three factors are.

3.E. All of the above places are suitable for preparation of food since they cater to different segment of viewers of the game.

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