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Make-to-order production is most likely based on a long, medium, or short planing horizon

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Final answer:

Make-to-order production typically operates on a short planning horizon, which can pose challenges for rapid scaling compared to strategies based on long-term planning.

Step-by-step explanation:

Make-to-order production is most likely based on a short planning horizon. This business model involves producing goods only after receiving an order, allowing for customized products and reduced inventory costs.

However, compared to long-term planning, the make-to-order approach can present challenges in scaling production quickly, as capacity adjustments, such as building a new factory or hiring additional workers, are more feasible with a long-term perspective according to the supply side of markets.

Long-term planning in business entails strategic decisions for scaling up, considering variable costs, and evaluating alternative production technologies over a period that typically spans several years.

Make-to-order (MTO) production is a manufacturing strategy where products are only manufactured once a customer places an order. This method contrasts with "make-to-stock" (MTS) production, where goods are produced based on anticipated demand and stocked in inventory.

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