Question: When using a level capacity strategy or level production strategy in aggregate planning, variations in demand are met by using which of the following options?

When using a "level capacity strategy" or level production strategy in aggregate planning, variations in demand are met by using which of the following options?

I. varying output during regular time without changing workforce size (for example, using overtime)

II. varying output during regular time by changing workforce size

III. varying inventory levels

a. I only

b. II only

c. I and II

d. III only

e. II and III

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