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 it is important that lean six sigma efforts, It is important that L...

It is important that Lean Six Sigma efforts be linked specifically to strategic goals of the organization.

Explain research and industrial engineering, What future for Operations ...

What future for Operations Research/Industrial Engineering? In your own words, answer the following questions in an essay: What is this presentation about? What does th

Explain forecasting methodologies, Question : What are the common chara...

Question : What are the common characteristics amongst the several forecasting methodologies / techniques? The different techniques make a common assumption that what happen

Explain the probability that rich will go to each store, The hunt is on: Ri...

The hunt is on: Rich's 13 year old daughter Alexandra is going to give him an introductory trombone concert later in the day, and he wants to purchase earplugs before then. Three s

Impact on the practice of leadership, Question: The fundamentals of Lea...

Question: The fundamentals of Leadership practice are still very much the same as 10 years back but the context has dramatically changed! i. Enumerate the factors in this n

Markov analysis, can you please give me a simple example of markov analysis...

can you please give me a simple example of markov analysis

Calculate the proposed capital budgeting project, Tommy Tinker Toys Inc. is...

Tommy Tinker Toys Inc. is considering a capital budgeting project that is unrelated to their current investments. The proposed project will be 40% debt financed at rd = 11.25%. The

Compute the mad and mse, The last 4 weekly values of sales were 80,100,105 ...

The last 4 weekly values of sales were 80,100,105 and 90 units. The last 4 forecast (for the same 4 weeks) were 60, 80, 95 and 75 units. Calculate the MAD, MSE and MAPE for these

Transformation processes - operation function, Transformation Processes - O...

Transformation Processes - Operation Function Here are examples of transforming processes:  Information processing  Organisations which handle large quantities of data

Explain exploitation of the potential of a new technology, What are the thr...

What are the three trends that require managers to adopt a global perspective to exploit the potential of a new technology?

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