Top 3 Levels Of Management Decisions Explained
Primarily level capacity and chase capacity or a mix of both are the main methods adopted by firms In addition a demand management strategy can also be added to the mix bringing a new dimension to operations strategy Level strategy can be defined as a planning strategy that sustains constant productionLevel capacity strategy When an organization adopts the level capacity strategy then it manufactures at a constant output rate It does not consider any fluctuation or change in the level of demand This may lead to stockpiling or holding of inventory in high quantity, when there is a decrease in the demand level
