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Explain about the level capacity strategy.
Level capacity strategy:
The organisation produces or manufactures at a constant rate of output avoiding any changes or fluctuations within customer demand levels. This frequently implies stockpiling or higher holdings of inventory while customer demand levels reduce.
What is the desired cycle time?
Negative Feedback in Open System A ubiquitous feature of all open systems is feedback. This is necessary for a system to maintain dynamic equilibrium despite being subjected t
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