Explain the importance of capacity planning
Q: describe approaches that are useful for evaluating capacity alternatives?
A: Some approaches that are valuable for assessing capacity alternatives are: 1) Decision…
Q: re some of the best prac
A: Capacity planning or capacity management: Capacity planning alludes to the demonstration of…
Q: Explain how can a systems-based approach to capacity planning help ?
A: The systems approach ensures that everyone who is connected with any part of the system is part of…
Q: Describe in detail why capacity planning is important to a business?
A: Capacity planning aids in determining the Plant's production capacity so that it can meet the…
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: Explain what is the significance of using a big picture approach to capacity planning?
A: The big picture approach can be characterized as considering all of a business's uncertainties to…
Q: Examine different types of capacity measurements available for capacity planning.
A: The power setting of the tools ensures that you have enough tools to complete the tasks. This…
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: 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: 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: capacity management?
A: Capacity management
Q: Define Strategic Capacity Management?
A: Strategic means or relates to the determination of the interests and objectives and the various of…
Q: DEFINE Capacity growth planning
A: Capacity growth planning is the method of ascertaining the production capacity required by 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: List the hierarchy of various capacity management plans in a typical company.
A: Capacity Management Plan: For a successful business, identifying their strength and…
Q: Explain and describeHow can a systems-based approach to capacity planning help in operations…
A: A systems-based approach to crisis reaction implies that the divergent components that are needed to…
Q: Define the concept of Capacity Focus?
A: Capacity focus refers to the process of the production facility, which means production facility can…
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: describe systematic approach to long term capacity decisions
A: The concept of capacity refers to a person's ability to absorb, develop, or execute anything. The…
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: How do the concepts of capacity planning and scalability apply?
A: Capacity planning and scalability are important concepts in modern IT management, and knowing the…
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: Explain and briefly discuss any 2 types of capacity planning measurement in operations
A: Both skills can be quantified.
Q: Describe the two strategies for adjusting capacity in organisations
A: Every company establishes a specific capacity for manufacturing its items. Nonetheless, user…
Q: Explain and discuss business examples of overcapacity and under capacity
A: Overcapacity can be explained as excessive production capacity or services when compared to demand.…
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: 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: Justify the importance of capacity planning to a business?
A: Capacity planning assists in determining the Plant's manufacturing capacity that is sufficient to…
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: Explain the differences between design capacity and effective capacity
A: Capacity planning is the mechanism by which a company decides the production capacity required to…
Q: Describe the factors influencing effective capacity.
A: Facilities, product and service, process, people, policy, operational, supply chain, and external…
Q: Identify four potential unethical actions or inactions related to capacity planning?
A: In the hands of planners, capacity planning is a very useful tool. As a consequence, this power can…
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: Discuss the major considerations related to developing capacity alternatives.
A: Capacity planning is the process of estimating the ability of an organization to produce the…
Q: Why capacity planning place an important role in companies growth
A: Operations management is an area of management dealing with production, storage and delivery of…
Q: Design capacity and effective capacity, describe the difference with examples
A: Effective design is less than the design capacity because the system may have alternative product…
Q: Explain Design capacity and effective capacity, describe the difference
A: The design capacity of an office is the arranged or designed pace of yield of products or…
Explain the importance of 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. 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?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.