sales and operations planning
(S&OP) a process to develop tactical plans by integrating customer-focused marketing plans for new and existing products with the operational management of the supply chain.
level production strategy
the firm produces at a constant rate over the year.
the production rate is changed in each period to match the amount of expected demand.
mixed or hybrid strategy
a strategy that includes some elements of level production and some elements of chase production strategies.
a process that adjusts prices as demand for a service occurs (or does not occur).
having inventory on hand
average labor and benefits
working more hours than standard
finding, acquiring and training new employees
expediting supply, lost good-will
unit cost and loss of control
Please allow access to your computer’s microphone to use Voice Recording.
We can’t access your microphone!
Click the icon above to update your browser permissions above and try again
Reload the page to try again!
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Your microphone is muted
For help fixing this issue, see this FAQ.