Reference no: EM131943640 , Length: 3

Your company is faced with an increase in demand.

Identify how your company uses forecasting for purposes of capacity planning and how you can utilize productivity, inventory control, and quality improvements to meet this new demand (Operations decisions).

Review different kinds of capacity and capacity constraints. How is forecasting used to generate short-term and long-term information about demand that affects capacity?

What are some options that the company has in terms of increasing its capacity?

NOTE: in retail businesses with physical locations where customers are served, capacity can be measured in terms of size of the facility and throughout of customers.

What is your current Max Possible throughput - how many customers can you serve with your current capacity?

Often there is a trade-off in size of the facility for backroom inventory or kitchen, displaying inventory to customers or seating, and customer space such as aisles and checkouts or bar space and waiting areas.

You should consider all of these in your capacity analysis

This paper should be approximately 3-5 pages in length counting the introduction, body, and summary.

You should include references and cite them properly in the paper. Generally, at least three references should be used.