UNIT – 3 CAPACITY PLANNING CONCEPT: Capacity simply means the ability to hold‚ receive‚ share or accommodate. It is a productive capability or a facility. Capacity is a critical consideration for long term strategy. It is generally measured in volume of output per unit of time. Capacity is the limiting capability of a productive unit to produce within a stated time period‚ normally expressed in terms of output per unit of time. So‚ capacity is the maximum productive capability.
Premium Time Finance Term
Capacity Planning Based on time horizon or duration it is viewed in three (i) Long-range Capacity Planning Time horizon is of more than one or two years. It is carried for productive resources which a long time. Long-range capacity planning requires participation and approval of top management personnel. (ii) Intermediate-range Capacity Planning It has a time horizon for 6 to 18 months. It may be varied by such alternative such as hiring off or laying off labour‚ purchasing or making new tools
Premium Term Time
Business Law 110 Capacity and Legality Question and Problems 1. In the United States the idea of an “age of majority” for granted; the only question is whether it should be 18‚ 19‚ or 21. Though in Great Britain there is no age at which a young person acquires the legal capacity to enter into a contract. British courts will not enforce contracts with immature minors. However‚ they make the decision of whether a person is too immature to enter into contract on a case-by-case basis. If the
Premium Contract Contract law
Service Capacity * Service Capacity is defined as the maximum level of value-added activity‚ which can be consistently achieved over a period of time under normal operating conditions. * The important consideration is that the service provider should be able to sustain provision of service at such a rate comfortably under normal working conditions. * It can be expressed as : 1. Max. number of patient attended by a Doctor / hr. 2. Max. number of calls attended by a Executive
Premium Service system Service Service provider
INTRODUCTION: Capacity building and Community Development models to formulate programs and projects that is not only sustainable but can also benefit the community in the long term with self-reliance and make a positive difference in community. There are different social and political ideologies and perspectives of community development‚ these ideologies and perspectives make different assumptions of how society functions and the need and level of interventions in the society (Ife‚ 1995‚ p 119)
Premium Research Community building Community development
Name Date Institution Operation Capacity Doughnuts are pastries made from dough and deep-fried. Fried pastries in the form of doughnuts have many forms from all over the world. They can be either savory or sweet depending on one’s preference. However‚ most people‚ like in the United States‚ prefer them as sweet treats that they mostly enjoy during breakfast or snacks for in between the day. Although some doughnuts are filled with pastry cream or jam‚ the most common one is
Premium Doughnut
ca CAPACITY AND DEMAND MANAGEMENT Capacity can be defined as ‘the maximum level of value added activity over a period of time that the service process can achieve under normal operating conditions’. (Johnston and Clark‚ 2001) The essential task of capacity management is to look at the current performance of a service identify any bottle necks‚ understand the workload places on it and the underlying business drivers that may affects future traffic. The next task is to access the workload growth
Premium Customer service Management Time
CAPACITY PLANNING Capacity planning: Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products.[1] In the context of capacity planning‚ "design capacity" is the maximum amount of work that an organization is capable of completing in a given period‚ "effective capacity" is the maximum amount of work that an organization is capable of completing in a given period due to constraints such as quality problems‚ delays‚
Premium Term Time Future
Carrying Capacity 1. The carrying capacity is the size of a population that can live indefinitely using the resources available where that population lives 2. For example‚ consider an island onto which is dropped a colony of rabbits. As long as there is an adequate supply of food and water‚ the rabbits will not only survive but they will reproduce and the colony will get larger. 3. The rabbit population can continue to grow as long as food and water are adequate. However‚ if at some point‚ there
Premium Population Organism Biology
Capacity Planning The overall objective of strategic capacity planning is to reach an optimal level where production capabilities meet demand. Capacity needs include equipment‚ space‚ and employee skills. If production capabilities are not meeting demand‚ high costs‚ strains on resources‚ and customer loss may result. It is important to note that capacity planning has many long term concerns given the long term commitment of resources. Managers should recognize the broader effects capacity
Premium Variable cost Costs Fixed cost