chase demand strategy

chase demand strategy
= variable output plan
An approach to aggregate planning that attempts to match supply and output with fluctuating demand. Depending on the product or service involved, the approach can incur costs by the ineffective use of capacity at periods of low demand, by the need to recruit or lay off staff, by learning-curve effects, and by a possible loss of quality. The advantages include low storage costs and greater ability to respond to the needs of the customer. Compare level output strategy

Big dictionary of business and management. 2014.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • level output strategy — An approach to aggregate planning that aims to regulate production at a constant level, regardless of fluctuation in demand. It involves storing the product in times of low demand and is not therefore an option available to the providers of… …   Big dictionary of business and management

  • variable output plan — See chase demand strategy …   Big dictionary of business and management

  • Bullwhip effect — The Bullwhip Effect (or Whiplash Effect ) is an observed phenomenon in forecast driven distribution channels. The concept has its roots in J Forrester s Industrial Dynamics (1961) and thus it is also known as the Forrester Effect . Since the… …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

  • Nobel Prizes — ▪ 2009 Introduction Prize for Peace       The 2008 Nobel Prize for Peace was awarded to Martti Ahtisaari, former president (1994–2000) of Finland, for his work over more than 30 years in settling international disputes, many involving ethnic,… …   Universalium

  • Abraham Lincoln — This article is about the American president. For other uses, see Abraham Lincoln (disambiguation). Abraham Lincoln …   Wikipedia

  • United States Constitution — P …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”