Question

The chase strategy involves A. matching the demand forecast exclusively through the use of overtime and undertime. B. maintaining a small workforce and relying heavily on overtime during peak periods. C. hiring and laying off employees to match the demand forecast over the planning horizon. D. keeping the workforce constant.

Answer 1

C. hiring and laying off employees to match the demand forecast over the planning horizon.

Step-by-step explanation:

Chase strategy is the strategy in which the demand of the market is looked upon. According to the strategy, the production is made according to the demand of the customer and the action is taken accordingly. By adopting this strategy, the saving in the costs is made. The industries in which the perishable items are made is very common.