Is there a difference between capacity planning strategy and capacity planning technique in operations management?
Q: Name the three key questions in capacity planning.
A: Capacity is the ability to store, produce, or achieve. In any organization, capacity is termed as…
Q: Strategic Capacity Planning for Products and Services?
A: Capacity is the ability to store, produce, or achieve. In any organization, capacity is termed as…
Q: State how the long term capacity and the short term compacity considerations differ
A: Capacity planning is the practice of evaluating a group's ability to create things based just on…
Q: Briefly discuss any 2 types of Capacity measurement.
A: Design capacity: Designed capacity of an office is the arranged or designed pace of yield of…
Q: Why is efficiency important in assessing a firm's performance?
A: Performance is evaluated to measure the extent to which a product meets the customers’ needs and…
Q: Explain what models and methodologies are applicable to capacity planning?
A: The following models and procedures can be used to schedule capacity:
Q: explain the importance of capacity planning also discuss major considerations related to developing…
A: Capacity Planning can be referred to as the planning process undertaken by the production and…
Q: What issues are important when changing capacity levels in operations management ?
A: Capacity levels: The right capacity for various units of business is essential for a company as it…
Q: When Are Operations Consultants Needed?
A: Operations consulting is well-defined as the procedure by which establishments hire counselors who…
Q: How do capacity decisions influence productivity?
A: Capacity decisions help the firm to establish the goal and perform based on the desired output and…
Q: What is exponential smoothing in operation management ?
A: Forecasting is the process of prediction in which sales demand is estimated using historic…
Q: DEFINE Capacity growth planning
A: Capacity growth planning is the method of ascertaining the production capacity required by an…
Q: Describe How can a systems-based approach to capacity planning help
A: Capacity Planning is a process of management where the estimate is guessed by management based on…
Q: Describe the different capacity-based options used inaggregate planning and their implications for a…
A: The process of creating, reviewing, and preserving a tentative, estimated schedule of an…
Q: Identify four potential unethical actions or inactions related to capacity planning, and the…
A: Following are the four potential unethical actions or inactions related to capacity planning:
Q: Define: output, design capacity, effective capacity, utilization % and efficiency %?
A: Actual output: It is the output that is actually attained using the process or operation. The…
Q: Discuss systematic approach to long term capacity decisions?
A: Capacity is a term that relates to a person's ability to store, produce, or accomplish anything.…
Q: How a systems-based approach to capacity planning advantageous in operations?
A: Frameworks based methodology uses a normalized set of the board steps that are sequential and might…
Q: Describe how can a system based approach to capacity planning help ?
A: Introduction:- Managers need to consider all system components can results in inequitable…
Q: What is capacity strategy?
A: Capacity strategies mean defining the capacity of production in order to meet the changing demand…
Q: What models and methodologies are applicable to capacity planning ?
A: Capacity scheduling can be accomplished using the following models and techniques:
Q: What are the steps to follow in capacity management?
A: Capacity is the ability to store, produce, or achieve. In any organization, capacity is termed as…
Q: operations
A: Talking about the system based approach then, this approach will help the management to take…
Q: What are the objectives of capacity management?
A: The process of managing the various resources within an organization and further deals with the…
Q: Describe in what ways does technology have an impact on capacity planning ?
A: The planning step is the process of forecasting required industrial production based on expected…
Q: Describe the major trade offs in capacity planning in operations management
A: The major trade offs in capacity planning in operations management is discussed as follows-
Q: Compare capacity planning in services to capacity planning in manufacturing during operations ?
A: Capacity planning is nothing but the approach of evaluating the capacity of the production required…
Q: Define the Factors that determine effective capacity?
A: Effective capacity is the maximum possible output. It can be attained by subtracting the allowances…
Q: Explain and briefly discuss any 2 types of capacity planning measurement in operations
A: Both skills can be quantified.
Q: What types of facilities/capacity are needed?
A: The capacity of a facility refers to the maximum load that can be handled by it during a given…
Q: What are ADDITIONAL CHALLENGES OF PLANNING SERVICE CAPACITY?
A: Service capacity can be defined as the volume a service can handle at the same time maintaining its…
Q: 6. What are the advantages and disadvantages of using a conservative strategy of Capacity versus an…
A: The conservative strategy of capacity refers to a condition where the capacity is added only vin…
Q: Explain Capacity Flexibility and its strategies?
A: The capability of any business to reduce or raise their manufacture capacity liable on the market…
Q: What is the significance of using a big-picture approach to capacity planning ?
A: The big picture approach may be characterized as considering all the uncertainties in a business to…
Q: Determinants of effective capacity
A: Effective capacity It refers to the maximum amount of work that an organization is capable of…
Q: Explain capacity planning and it's analysis how it recats with parrallel processes
A: The capacity analysis involves the study of simulating an infrastructure's, facility's, process',…
Q: Explain the importance of capacity planning
A: Capacity planning is described as the process through teams or organizations can plan and match the…
Q: hich are the reason for formulating and implementing a operation and supply chain strategy?
A: THE ANSWER IS AS BELOW:
Q: Explain what capacity management is and why it is strategically important.
A: The capacity management refers to the process of ensuring an organization escalates its production…
Q: Briefly explain how a restaurant might use each of the “five ways” listed below to adjust its…
A: The consumer behavior of the customers is based on various factors of a company such as their CSR…
Q: How can a systems approach to capacity planning be useful?
A: Capacity planning is the planning of a firm to know the production capacity needed to satisfy the…
Q: DESCRIBE CAPACITY DECISIONS ARE STRATEGICHOW IT'S WORK?
A: Capacity is the ability to store, produce, or achieve. In any organization, capacity is termed as…
Q: Compare capacity planning in services to capacity planning in manufacturing?
A: Below is the solution:-
Is there a difference between capacity planning strategy and capacity planning technique in operations management?
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?