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Aug 06, 2024
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Size: 52.6 KB
Language: en
Added: Aug 06, 2024
Slides: 7 pages
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Topic – 1. What are the various types of Capacity Planning Kingston School Of Management and Science Name – Binit Kumar Paswan University Roll no. – 17341923007 Course – BBA Subject – Operation Management
Classification of capacity planning; Long term capacity planning Medium term capacity Planning short term capacity planning Operational c apacity planning
Long term capacity planning long term or long range capacity planning is concerned with accommodating major changes that affect the overall level of output in the longer run. major changes are; -decision to develop new product line -expand existing facilities -construct production plants
Medium-term capacity planning Covers a shorter timeframe (months or quarters), addressing fluctuations in demand through adjustments in production levels, inventory, or staffing .
Short term capacity planning; Short term or short range capacity planning is concerned with responding to relatively intermediate variations in demand. These kinds of fluctuations in demand caused by seasonal or economic factors. The ways to adjusting capacity; -Use of over time or idle time -Increase the number of shifts -Sub contracting to other firms
Operational capacity planning Concentrates on optimizing resource utilization and efficiency within existing capacity constraints.