A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides to double all production batch sizes. This change has no impact on demand. What impact will this likely have on the average inventory in the process?.

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peaceouthjkdrb1915 peaceouthjkdrb1915

03-08-2022
Business

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A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides to double all production batch sizes. This change has no impact on demand. What impact will this likely have on the average inventory in the process?.

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Tutorconsortium349 Tutorconsortium349 · Answer 1 · 2022-08-06T08:49:25-04:00

It will result in an increase in average inventory as larger batches require more time to be completed.

What is Operations Management?

Operations management (OM) is the administration of business practices within an organization to achieve the highest level of efficiency possible. It is concerned with converting materials and labor as efficiently as possible into goods and services in order to maximize an organization's profit.

At its most basic, management is a discipline comprised of five general functions: planning, organizing, staffing, leading, and controlling. These five functions are part of a larger set of practices and theories about how to be a good manager.

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What is Operations Management?

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