What are the key cost advantages of a level production, Operation Management

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What are the key cost advantages of a level production

1. What are the key cost advantages of a level production strategy over a chase strategy? Of a chase strategy over a level production strategy?

2. Suppose your firm is using a level production planning approach to manage a seasonal demand. Your production manager is evaluated on lowest production cost but the logis- tics manager is evaluated on the amount of inventory the firm holds. Explain the issues.

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