Why did Charlie Reese decide to go for a lot size reduction?

The goal of this assessment is to ensure you to understand how real companies apply learned concepts in the Business Operations module. You will be given a business case with information about the company and its market at the beginning of the module (on Blackboard), as s a basic starting point to start your research and develop your analysis. Your analysis should aim to answer the following questions stated in step 2. Please remember that you are expected to do your own research and conduct analysis based on the information provided in the case. ● Step 1: As a starting point, read the case “Belle Inc.” in detail. ● Step 2: Once you read the case and research relevant literature, you should proceed to address the following questions: ● Is the production process of Belle Inc. lean? Reason for your answer. ● Do you identify a bottleneck in the Belle Inc. production process? Explain and justify your answer. ● Provide an estimation of the cost of production per unit in 2012 and 2013. What conclusion do you get? ● Why did Charlie Reese decide to go for a lot size reduction? What was his target? Was he successful? All answers should be based on your reasoning and analysis, and a detailed explanation of any proposition you make is expected