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View attached explanation and answer. Let me know if you have any questions.have a look.Assignment 2Deadline: 20th Nov 2021Course Name: Introduction to OperationsStudent’s Name:ManagementCourse Code: MGT311Student’s ID Number:Semester: IstCRN:Academic Year: 1442/1443 HFor Instructor’s Use onlyInstructor’s Name:Students’ Grade: Marks Obtained/Out ofLevel of Marks: High/Middle/LowInstructions – PLEASE READ THEM CAREFULLY•The Assignment must be submitted on Blackboard (WORD format only) via allocatedfolder.•Assignments submitted through email will not be accepted.•Students are advised to make their work clear and well presented, marks may be reducedfor poor presentation. This includes filling your information on the cover page.•Students must mention question number clearly in their answer.•Late submission will NOT be accepted.•Avoid plagiarism, the work should be in your own words, copying from students or otherresources without proper referencing will result in ZERO marks. No exceptions.•All answered must be typed using Times New Roman (size 12, double-spaced) font. Nopictures containing text will be accepted and will be considered plagiarism).Submissions without this cover page will NOT be acceptedLearning Outcomes:•Understand the concept of Batch Production Process.•To manage the level of Inventory.•To take the decision of New product Development.•How to reduce waste in the Production Process.Case StudyThe CompanyThe Lew-Mark Baking Company is located in a small town in western New York State.The bakery is run by two brothers. Lew and Mark, who formed the company after theypurchased an Archway Cookie franchise. With exclusive rights in New York and New Jersey,it is the largest Archway franchise. The company employs fewer than 200 people, mainly bluecollar workers, and the atmosphere is informal.The ProductThe company’s only product is soft cookies, of which it makes over 50 varieties. Largercompanies, such as Nabisco, Sunshine, and Keebler, have traditionally produced biscuit cookies,in which most of the water has been baked out, resulting in crisp cookies. Archway cookies haveno additives or preservatives. The high quality of the cookies has enabled the company todevelop a strong market niche for its product.The CustomersThe cookies are sold in convenience stores and supermarkets throu…
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