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(a) Discuss the concept of Chase Capacity strategy, highlighting its main advantages and disadvantages. (6 marks) (b) Discuss the options to manage supply, as regards

(a) Discuss the concept of Chase Capacity strategy, highlighting its main advantages and disadvantages. (6 marks) (b) Discuss the options to manage supply, as regards to capacity management. (4 marks) (c) Modern furniture Ltd has forecasted the sales of its beds for the 12 months of 2021. The data are indicated in the table below. The organization currently employs 150 employees. For planning purposes, each employee is capable of making 200 units a month. The cost of hiring an additional employee is Rs 9 000 per employee and the cost of making an employee redundant is Rs3000. A storage charge of Rs 400 per unit is made for inventory

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