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. Chase
B. Level
C. Stable workforce, variable work hours
D. Meeting demand
E. Minimizing inventory
Answer: A
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SEM models are estimated so as to:
A) maximize the likelihood function. B) minimize the difference between the observed and estimated covariance matrices. C) minimize the sum of squares between constructs. D) minimize the least squared difference. E) A and C
Bonding means insuring a company against employee theft
Indicate whether the statement is true or false
Use this information to answer the following question. The selected accounts and balances for Keystone Market appear as follows: Advertising Expense $ 14,000 Common Stock 100,000 Dividends 21,000 Freight-In 7,000 Freight-Out Expense 10,000 Interest Income 24,000 Merchandise Inventory (Jan. 1) 70,000 Merchandise Inventory (Dec. 31) 56,000 Purchases 60,000 Purchases Returns and Allowances 4,000
Rent Expense 9,000 Retained Earnings 40,000 Sales 151,000 Sales Returns and Allowances 19,000 Wages Expense 32,000 Gross margin from sales would be a. $62,000. b. $55,000. c. $74,000. d. $68,000.
With the following questions, the evaluation should be a formative evaluation rather than a summative evaluation:
? Is the program being carried out as planned? ? Are participants being recruited in sufficient numbers? ? Is the program providing service to all who need the service? ? Is there an adequate access to resources? a. True b. False