Purchase Solution

What is the Chase Strategy

Not what you're looking for?

Ask Custom Question

In 350 to 400 words please assist in describing what the chase strategy is
Identify 2-3 companies that might use the chase strategy
Dell Company
Burger King

Purchase this Solution

Solution Summary

Companies which might use the chase strategies are identified for Dell Company and Burger King.

Solution Preview

CHASE STRATEGY: AN OVERVIEW

Chase strategy may be considered as one of the production management strategies that have significant influence on inventory management, particularly inventory costs.

As noted by an online source, the principle under the chase strategy is to produce as much as needed. Simply stated, volume of production should be equal to volume of demand (web4.uwindsor.ca/users/b/.../73-331.../Lecture_9_Agg_P_f04_331.ppt‎). This principle requires the highest degree of accuracy in demand forecasting which is difficult to attain. Effective forecasting of demand requires objective analysis of relevant factors such as volume of target buyers, their consumption patterns, factors influencing their consumption, number of ...

Solution provided by:
Education
  • Bachelor of Science in Business Administration, University of the Philippines
  • Master in Business Administration, Saint Mary's University
  • Doctor of Philosophy in Education, University of the Philippines
  • Doctor in Business Adminstration (IP), Polytechnic University of the Philippines
Recent Feedback
  • "Excellent information thanks for the input"
  • "Thank you"
  • "Very thorough and informative. Thank you."
  • "Good response. Very detailed"
  • "This solution is excellent. Thank you"
Purchase this Solution


Free BrainMass Quizzes
Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media