Which of the following accurately describes a chase strategy? a.The firm produces the same amount each day over the planning periodand deals with the variations in demand through the use ofinventory or overtime. b. The firm produces at the same level forseveral months and then adjusts production to another level andproduces at that level for several more months. c. The firmproduces exactly what is needed every month. d. All of the abovecould describe the strategy depending on the organization. e. Noneof the above accurately describes it.