Managing capacity, Capacity management in businesses is a

Managing capacity

Assignment Help Operation Management

Reference no: EM132811436

Capacity management in businesses is a function of their operations and environment. In today's business world, evaluating and managing capacities is becoming significantly more difficult. Therefore, managers need to do a balancing act to reduce costs and effectively utilize available capacities.

Using the online library resources and the Internet, research capacity management.

Then respond to the following:

Which type of operation has a more difficult time managing capacities: an environment supporting standardized products or one supporting customized products? Why? State your reason(s) and provide examples.

After your initial post, discuss the following:

Among other decisions an operations manager makes, the one pertaining to capacities is the most critical. Why is it considered a critical decision? Which area do you think is more challenging as it pertains to capacity planning? Make sure your answer addresses the productivity aspect as well as the uncertainty element.

Briefly describe how uncertainty affects capacity decisions.

Why is capacity planning for a service more challenging than it is for a goods producer?

How do capacity decisions affect productivity?

Reference no: EM132811436

Questions Cloud

Calculate the basic earnings per share : Hayward Corporation had net income of $50,000 for the year ended December 31, 2020, Calculate the basic earnings per share

Investigate regulatory issues relating to legalization : Investigate the regulatory issues relating to the legalization and the use of medical and recreational marijuana within the State of Colorado.

Critique on how you arrive at mitigation strategy : Analysis and critique on how you arrive at your mitigation strategy. Demonstrate knowledgeof governmentpolicies and regulatory guidance

Find what is the degree of financial leverage : B Company's contribution margin is P45,000 at sales of P150,000. If the degree of operating leverage is 6, what is the degree of financial leverage?

Managing capacity : Capacity management in businesses is a function of their operations and environment. How do capacity decisions affect productivity?

How do you think boredom afffects decision making : 1.) How do you think boredom afffects your decision making, beyond promoting unethical decisions? Explain.

Record the conversion of the preferred stock : The common stock is trading at $25 per share at the time of conversion. Record the conversion of the preferred stock

Impact of operations on local communities : You are a member of senior management of a large local company operating in the mining sector named DigPaMore Company.

New facilities will be needed in international expansion : New facilities will be needed in international expansion, and PPQ Parts anticipates building most of those (80%) outside the United States.

User Account

All Pages