Impact of long production runs

Manufacturing companies have traditionally used long production runs as a means to gain a cost advantage in the marketplace.

• What is the impact of these long production runs upon logistics?
• The current approach to manufacturing is to have shorter production runs and more flexible setups.
• What impact does this approach have upon logistics costs and manufacturing costs?
• What are the trade-offs related to organizational performance?

Summarize your thoughts in a MS Word (or similar application) document. Compose a (minimum) 500-word essay (single space).