An operations strategy for inventory management

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Reference no: EM131803605

1. The first unit of a product took 80 days for production. the learning rate for the production process is 85%. How long will it take to make the 20th unit? a.from 44 to 46 days b. from 42 to 44 days c. from 46 to 48 days d. from 38 to 40 days e. from 40 to 42 days

2. An operations strategy for inventory management should work towards:

A. increasing lot sizes.

B. reducing lead time variations.

C. increasing safety stocks.

D. decreasing service levels.

E. increasing order quantities.

Reference no: EM131803605

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