Long term capacity expansion, Operation Management

Assignment Help:

Long term Capacity Expansion

For the purpose of expansion of the long term capacity of the term the firm may decide to adapt and one more of the followings.

1.The firm may given a sub contract to some other company. The sub contractor may produce the goods for the main contractor. This will act as via for expanding the capacity of the firm.

2.In order to expand its capacity a firm may decide to acquire other companies facilities or the resources. In this case the capacity will be expanding for the firm itself to produce in the times to come. However the capacity is created by acquiring rather than producing resources.

3.Thirdly the firm may develop new sites construct buildings or buy equipment for the purpose of expanding its capacity. Here the capacity is created right from scratch for the company.

4.Also the firm may update or modify its existing facilities in orders to increase its capacity to produce.

5.Finally the firm may decide to restart its facilities that may be put on hold previously. The reactivation of stand by facilities is the going back to some higher facilities that were explored earlier by the firm.


Related Discussions:- Long term capacity expansion

Explain advantages of budgets, Explain advantages of budgets. Advantag...

Explain advantages of budgets. Advantages of Budgets: (i) Actions plans and policy taken are all reflected into the budgetary control system. Now here is a formal recognit

Define the five-component model of an information system, Explain the five-...

Explain the five-component model of an information system. How can you use them?

Statistical Process Control (SPC), I have an excel assignment for the SPC, ...

I have an excel assignment for the SPC, so I want to know if you could do it and how much will it cost?

Explain efficiency advantages of a new technology, Consider this scenario: ...

Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages of a new technolo

What are the advantages of predetermined time standards, What are the advan...

What are the advantages of predetermined time standards (PTS)?  Answer: Quicker and cheaper than time study; likely to be more reliable; valuable for estimating new jobs; can be

Explain student aid and scholarships office, You have just been notified by...

You have just been notified by the Student Aid and Scholarships Office that you would receive a regents scholarship of $2000 for the coming academic year. Furthermore, your applica

Explain term everybody''s doing it, How common do you think it is for peopl...

How common do you think it is for people to try to justify their conduct by the argument that "Everybody's doing it"? Give examples from your own experience.

Explain about the supply chain management according to kilty, Q. Explain ab...

Q. Explain about the Supply chain management according to Kilty? According to Kilty supply chain management: It involves the movement of products, services, and information

Stakeholder analysis in an organisation, Question 1: Emmott (1997) repo...

Question 1: Emmott (1997) reports that "by the 1990's the whole issue of employment relationships became much more subtle". The concentration now is on the relationship between

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd