How many of the statements are true Statement 1 A chase dema
How many of the statements are true? Statement 1. A chase demand strategy will always produce minimum inventory. Statement 2. A level capacity strategy will always produce zero hiring and firing costs. Statement 3. A mixed strategy will always produce a lower cost than level or chase. Statement 4. Production equals the production standard times the FTE requirement. Statement 5.The FTE time standard for a year is 2080 hours.
Solution
chase demand strategy produce more inventory
yes level capasity will produce zero hiring
yes mized strategy produce lower cost
yes production equals the production standard times
yes fte time standard in 2080 hours
so 4 are true
