Product and Service Design – Operation Management
Capacity Planning
When the capacity of an organization to produce goods or services and the demands of its customers to purchase goods or services is not matched, then the result is inefficiency, either in under-utilized resources or dissatisfied customers.
Critical Thinking- Address the following requirements:
Choose a Saudi Arabian organization that produces either a good or service and describe its capacity and demand concerns.
Develop an equation to calculate its capacity.
Define lead strategy, lag strategy, and match strategy, and recommend which your selected organization should pursue and why.