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What are some practical limits to economies of scale

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1) What are some practical limits to economies of scale? What is capacity balance? Why is it hard to achieve? What methods are used to deal with capacity imbalances? Why would a business maintain a capacity cushion?

2) Is it possible to achieve zero inventories? Why or why not? Why does JIT manufacturing require a stable schedule? What are some technological advances that support the goals of JIT? Will JIT work in service environments? Why or why not?

Reference no: EM13919894

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