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horrorfan [7]
2 years ago
7

A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t

o 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?.
Business
1 answer:
r-ruslan [8.4K]2 years ago
3 0

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

<h3>What is Operations Management?</h3>

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

<h3>What are the 3 types of operations management?</h3>
  • Product design and product.
  • Planning and managing of manufacturing facilities.
  • Purchasing/procurement.
  • Forecasting.
  • Capability planning.
  • Inventory control.
  • Quality control.
  • Delivery to clients.

To learn more about Operations management, refer

brainly.com/question/1382997

#SPJ4

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Considering the business planning strategies, the phase of the goals-based strategic planning that involves an in-depth analysis of the company and its competitors is "<u>Analyze the situation</u>."

This is because, during this stage, firms can carry out an analysis that is often called SWOT analysis.

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