Question: When considering an approach to production planning, implementing a chase production plan is most appropriate when: Group of answer choices it's relatively inexpensive to change

When considering an approach to production planning, implementing a chase production plan is most appropriate when:

Group of answer choices

it's relatively inexpensive to change production rates or it's very expensive or impossible to maintain inventory.

forecasted demand levels are very high.

forecasted demand levels are very low.

it's expensive to change production rates and it's relatively inexpensive to maintain inventory.

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