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Assignment:
Capacity modeling is determined by the aggregate forecast. This gains leans on the forecast accuracy in order to drive operational performance. How the firm deploys the capacity plan strictly depends on what the forecast projects in relation to growth, seasonality and general economic conditions among other things.
As any model the capacity plan may be modified over time. However, in services the impact of labor agility is keenly felt especially if the forecast error is high!
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dges Bookstore needs to decide how many copies of a new paperback book to purchase. The store has estimated that demand will be 50, 100, 150 or 200 copies.
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The product design group of Iyengar Electric Supplies, Inc., has determined that is needs to design a new series of switches. It must decide on one of three design strategies. The market forecast is for 200,000 units. What is the best decision based ..
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