ITEC 4030 Lecture 8: docx

• School: York University
• Department: Information Technology
• Course: ITEC 4030
• Professor: Younes Benslimane

Document Summary

In operation planning strategy there are three types of strategy that usually used by company in order to control the life of the business itself. The chase strategy , level strategy and also the. Mix strategy are those kinds of strategies that exist in the operation planning strategy. Before i mention about the types of business or industry that really fits well to the chase strategy, i would like to explain what actually the chase strategy itself is. Chase strategy in the scheduling and operation planning strategy is the strategy that involves hiring and firing off the employees in order to match with the demand forecasts. The chase strategy is a common practice used in careers fields that can easily train new employees to begin work quickly. The major advantage of a chase strategy is that it allows inventory to be held to the lowest level possible, and for some firms this is a considerable savings.