Production Strategy of a Best Cost provider
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The scenario is based on an athletic footwear company that has implemented a "Best Cost" provider strategy. Describe the ideal production strategy of the company as it concerns:
Plant capacity & location
Use of workforce overtime
Workforce compensation/training strategy
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The expert examines production strategy of a best cost provider.
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Running Head: ATHLETIC FOOTWEAR COMPANY
Production Strategy for Athletic Footwear Company
Introduction
With the given information we can confer that the company is an athlete footwear manufacturing company and for its growth the company had adopted a strategy "Best Cost" provider strategy. Now in this regard along with the consideration of following factors:
• Plant capacity & location
• Use of workforce overtime
• Workforce compensation/training strategy
Ideal Production Strategy
The company need to select a manufacturing strategy in concern to all the above discusses factors. In regard to all these factors the ideal production strategy that the company can select is a lean ...
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