During 1850,Frederick Henry Harvey is the one founded the first restaurant chain in the U.S. The first of the Harvey House restaurants opened in 1876, in a terminal of the Atchison, Topeka & Santa Fe Railroad. In 1887, there was a Harvey House restaurant in every 100 miles along the 12,000‑mile‑long Atchison, Topeka & Santa Fe line. He strongly believe that quality control established is the reason why regular field visits to his restaurants, and provided services similar to those used today by franchisors
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The impact would be that the average size of the inventory will increase.
If the manager has decided to double the production batch size then the average size of the inventory will also increase.
<h3>What is an inventory? </h3>
- In general terms an inventory refers to all the goods, items, products, which are a part of the business organization.
- For different industries the inventories have different meanings.
- Manufacturing industry: the inventory is not only the finished or the final product but also the raw materials are included.
- Service industry: the inventory of the service industry includes the steps involved in the sales of the product.
- Raw materials, finished goods, work that is in process etc.. all of this is inventory.
- Inventory is an important asset for all businesses and it is important to understand the meaning of it.
To learn more about inventory visit: brainly.com/question/14179825?
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Answer:
Theory of Efficient markets
Explanation:
According to this theory stock prices react instantaneously to new information
Answer:
videoconferencing
Explanation:
The new era of globalisation has paved the way for the new technology. Video conferencing, in the business sector, has gained a lot of popularity because it has given an opportunity for people to interact and participate interactively. It provides a high degree of channel richness, perfect quality. Video conferencing helps people to interact and communicate despite the long distance.