Explain what models and methodologies are applicable to capacity planning?
Q: Who needs to be involved in capacity planning?
A: person who needs to be involved in capacity planning as follows:
Q: describe approaches that are useful for evaluating capacity alternatives?
A: Some approaches that are valuable for assessing capacity alternatives are: 1) Decision…
Q: Describe Strategies for Adjusting Capacity?
A: Every organization sets a specific capacity for the production of its products. However, there can…
Q: What is capacity planning and explain with examples?
A: Capacity planning is nothing but the process through which a company sees how much work it can…
Q: Explain Capacity Planning Concepts with an example?
A: Capacity planning is defined as a method of measuring the capacity of planning so that the firm can…
Q: Out of the following factors that are affecting Capacity Planning, which one is Less Controllable…
A: Capacity planning is the process of planning the required production output based on the requirement…
Q: Is there a difference between capacity planning strategy and capacity planning technique in…
A: The process of determining the resources required by manufacturers to meet demand for their products…
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: Identify four potential unethical actions or inactions related to capacity planning, and the…
A: The four potential unethical acts or inactions relevant to capability planning are as follows:
Q: What issues are important when changing capacity levels in capacity planning ?
A: Capacity planning : The process which helps in the determination of the capacity to be produces…
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: 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: Explain name the models and techniques that are useful for capacity planning?
A: For capacity planning purposes, the following models and strategies are relevant:
Q: Describe what would a capacity in chunks mean and why is it a consideration in capacity planning?
A: Organizations can ensure that their existing delivery capabilities are enough to meet long-term…
Q: What are the key factors that determine when to add capacity?
A: The main factors that determine when it is important to join the capacity would be when 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: Describe the Approaches to Capacity Expansion?
A: Capacity expansion means expanding the limits of the industrial capacity of the organization.…
Q: what kinds of capacity problems do many elementary and secondary schools peridocially experience?…
A: Kinds of capacity problems that are faced by elementary and secondary schools: Limited…
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: How can a systems approach to capacity planning be useful? How do capacity decisions influence…
A: The systems approach is an essential concept to understand the complexity of capacity planning. It…
Q: What models and methodologies are applicable to capacity planning ?
A: Capacity scheduling can be accomplished using the following models and techniques:
Q: Explain long-term capacity and how it interacts with scale economies and diseconomies
A: Planning process is a technique for estimating an organization's ability (maximum limit) to provide…
Q: operations
A: Talking about the system based approach then, this approach will help the management to take…
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: Explain what exactly is capacity requirements planning?
A: Capacity requirement planning is the accounting term for the process of determining a company's…
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: Describe what does it meant to take a big picture approach to capacity planning in organization's
A: Capacity planning is the technique of calculating the bare minimum of equipment necessary to produce…
Q: Explain the factor which affects the capacity planning frequency.
A: It is a process of governing the production capacity obligatory by a manufacturing unit to meet…
Q: State how does the long term capacity considerations differ from that of short term capacity…
A: To be determined: how does the long term capacity considerations differ from that of short term…
Q: What are theoretical capacity, rated capacity, utilization, and efficiency? How are they related?
A: Theoretical capacity can be defined as the level of a manufacturer's creation that would be achieved…
Q: Explain the capacity planning in three-time durations?
A: Capacity planning can be described as the method of finding out the capacity of production required…
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: explain how can a systems-based approach to capacity planning help in an organisation ?
A: Capacity planning refers to the planning process that identifies the production level, materials,…
Q: Explain what a capacity in chunks mean and why is it a consideration in capacity planning?
A: Capacity planning allows organizations to guarantee ensure their traditional delivery capacity are…
Q: Breifly explain Steps in the Capacity Planning Process?
A: Capacity is the ability to store, produce, or achieve. In any organization, capacity is termed as…
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: Explain what does it mean to take a big-picture approach to capacity planning
A: Capacity planning is the process of estimating the required facility to produce the required output.…
Q: Describe the different capacity based options used in aggregate planning and their implications for…
A: Aggregate planning is the act of developing, revising, and keeping a rough, approximated timetable…
Q: What impact does the product mix have on capacity planning?
A: A practical item mix system enables a business to concentrate its efforts and resources on the goods…
Q: Compare capacity planning in services to capacity planning in manufacturing?
A: Below is the solution:-
Explain what models and methodologies are applicable to capacity planning?
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- 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 does the Institute of Supply Management code of ethics say about financial conflicts of interest?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?
- What are demand forecasting and capacity strategy? Give an example of demand forecasting for a business.Describe the major trade offs in capacity planning in operations management ?explain the importance of capacity planning also discuss major considerations related to developing capacity alternatives.