Level Strategy is a production planning approach used in operations management where a company maintains a constant production rate and stable workforce level over a specific planning horizon, regardless of fluctuations in demand. Instead of adjusting production to match demand (as in the chase strategy), the level strategy focuses on producing at a steady rate and using inventory or backorders to absorb differences between production and actual demand. Under this strategy,

Chase Strategy is a production planning approach used in operations management where a company adjusts its production rate to match demand as closely as possible over time. The term “chase” comes from the idea that production continuously “chases” customer demand, increasing when demand rises and decreasing when demand falls. This strategy is commonly applied in aggregate planning to maintain efficiency and minimize inventory-related costs. Under the chase strategy, organiz

Statistical Quality Control (SQC) is a scientific and data-driven approach used in operations and manufacturing management to monitor, control, and improve the quality of products and processes. It involves the application of statistical techniques to measure variations in production processes and to ensure that the output meets predefined quality standards. The primary objective of SQC is not only to detect defects but also to prevent them by identifying and controlling the