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 why is it important to continuously update, Why is it important to ...

Why is it important to continuously update the implementation and communication of a strategic plan?

Explain multifactor productivity, The following table shows data on the ave...

The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $15, the overhead rate is 1.0 times labo

Explain make some kind of investment, After watching the video on Stony fie...

After watching the video on Stony field Farm answer this question: The responsible thing to do is to identify and examine every potential for doing good and make some kind of inves

Information systems integration - mrp to erp, Information Systems Integrati...

Information Systems Integration - MRP to ERP  ERP (enterprise resource planning) has been defined by Deloitte and Touche as 'packaged business software systems' that allow com

Importance of layout, Importance of Layout 1. Economic in Handling : ...

Importance of Layout 1. Economic in Handling : Nearly 30 per cent   to 40 per cent of the manufacturing costs in accounted for by materials handling. Every effort should ther

Explain exponential smoothing adds a percentage, Exponential smoothing adds...

Exponential smoothing adds a percentage (called) of last period's forecast to estimate next period's demand

History.., The historical development of operation management.

The historical development of operation management.

Functional departments, operation management is the central to the function...

operation management is the central to the function of business organisation.discuss this statement highlighting how organisations interract with the other functional areas of your

Explain personal information that is used to steal identity, Consider your ...

Consider your daily activities - as a consumer, student, parent, friend, homeowner or renter, car driver, employee etc. - and think about the ways that you are involved in transact

Explain standard rules of overtime pay, What are the standard rules of over...

What are the standard rules of overtime pay? Provide examples of why it is not always simple to administer. Address issues such as double pay, pyramiding, compulsory overtime, and

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