What is your best understanding or definition of capacity

Assignment Help Supply Chain Management

Reference no: EM133420209

Questions:

a. Share your own ideas/knowledge with your colleagues what's your best understanding or definition of capacity management,

b. Provide a simple/clear scenario from experience or research on how was determined or calculated the right capacity of a business (product or service) highlighting what elements were considered and why (e.g.: production cost, demand, supply, resources, forecasting, etc.). Please avoid copy and paste from online or printed resources, instead use your own words if you are responding to this task with an example from your research.

c. Comment to at least one of your classmate posts on the example they provided for capacity management calculation/ estimation. Please make sure that your comment adds value or shares your opinion.

Reference no: EM133420209

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