week 2 DB

BUS446: Production Control-Each question MUST have separate reference page

1. In 250-300 words, Compare smooth or level aggregate production policies with chasing policies. Explain when each is likely to be preferred. Give an example of organization and discuss what type of aggregate planning is used.  (Put 1-2 references after this question)

2. Production control must answer the question of.. “What to order and how much.” Discuss the cost implications of one firm holding too much inventory another firm holding too little inventory and a third firm holding/acquiring the wrong inventory. (Put 1-2 references after this question) 250-300 words