Operations Management

posted by .

What trade-offs must a firm make in developing a long-range capacity plan?

How does capacity planning differ from manufacturing and service firms?

I have an idea of what the answer to these two are but I do not know if they are right. Just need a little clarification.

  • Operations Management -

    # 1 - Review the Capacity Tradeoffs section that begins on page 145 of the course text.

    # 2 - Review the information under the Capacity Planning in Services section on page 150 of the text.

    By reading the course materials, these answers should be readily available to you.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. economics

    trade-offs are alternatives that people give up when they choose one course of action over another. Who makes trade-offs?
  2. ACC220

    Select a management function (planning, directing and motivating, or controlling) and explain how that function relates to business as a whole. Next, select a different function listed by a classmate. Discuss with your classmate how …
  3. microeconomics

    Consider two firms X and Y produce identically tasting cold drinks. In order to increase the demand for its cold drink, firm X increases its advertisement outlay. However the advertising doesn’t increase its demand in the long run. …
  4. marketing

    You have been asked to create a project plan paper based on research and the project management skills you have mastered in this course. Specifically, your paper will address a plan for the operations of a sole proprietorship business …
  5. operations management

    a small business contactor has recently experienced two successive years in which work oppotunities exceeded the firm's capacity.
  6. operations management

    1. What trade-offs are involved in shifting from a traditional operations systems to a lean operating syatem for” a. manufacturing b. servicing 2. Who in the organization is affected by a decision to shift from a traditional to lean …
  7. Operations management

    An appliance manufacturer wants to contract with a repair shop to handle authorized repairs. The company has an acceptable range of repair time from 50 minutes to 90 minutes. Two firms have submitted bids for the work. In the evaluation …
  8. Operations Management 10th edition

    The three station work cell illustrated in Figure S7.7, has a product that must go through one of the two machines at station 1 (they are parallel) before proceeding to station 2. Station 1-Machine A-Capacity: 20 units/hr Station 2-Capacity: …
  9. math

    The combined capacity of a bottle and a glass is equal to the capacity of a pitcher. The capacity of a bottle is equal to the combined capacity of a glass and a mug. The combined capacity of three mugs is equal to the combined capacity …
  10. math-stupid stat

    A manufacturing firm is planning the initial public offering of its stock in order to raise sufficient capital to finance a new plant. With current earnings of $1.61 a share, the firm and its underwriters are contemplating an offering …

More Similar Questions