All categories

3 years ago

What are the time duration for capacity planning, and which one provides the greatest value for strategic capacity planning?

Business

1 answer:

Anni [7]3 years ago

4 0

Answer:

Time frames for capacity planning are short term, medium term, and long term

The most ideal for strategic capacity planning is the long term

Explanation:

Capacity planning is used to determine optimum use of available resources, and this is used in deciding if a business will continue with its present operations, modify operations, or start a new process.

Capacity planning is classified into 3 based on timeline:

- Short term capacity plannjng is one that considers daily, weekly, and quarterly targets of production

- Medium term capacity planning involves strategic planning within 2 to 3 years

- Long term capacity planning ensures resources (people, machinery, equipment, working hours) are available to meet organisation long-term production needs

The most ideal time frame for strategic planning is the long term because there may not be an adequate match between resources allocation and production needs of the business.

Long term time frame gives the flexibility not making necessary adjustments.

For example if demand is less than the companie's production capacity, there can be a reduct in resources allocated.

You might be interested in

Trading in foreign currency options would most likely be: __________

kumpel [21]

There are different kinds of trade. Trading in foreign currency options would most likely be an appropriate hedging tool for individual investors who want to hedge the risk on specific U.S. exchange-listed stocks.

<h3>Currency option hedges</h3>

Currency option hedges are known to be tools that are used in international business.

An example, when an American importer is said to agree to buy some food equipment from a Chinese manufacturer at a later future date. The transaction will be carried out in Chinese currency.

The American importer has therefore made an hedge by buing currency options on the Chinese currency.

Learn more about trade from

brainly.com/question/4957225

3 0

3 years ago

The first of two significant fiscal policy initiatives enacted by the government during the Great Recession, signed in February

Vadim26 [7]

Answer:

b. Economic Stimulus Act of 2008

Explanation:

The Economic Stimulus Act of 2008 was enacted during the term of George.W Bush. It was done to help encourage business investments during the recession by granting tax rebates to every taxpayers and consequently increasing disposable income. The Economic Stimulus Act of 2008 granted tax rebates of the lesser of net income tax liability or $600 to every taxpayer and $1200 to tax paying couples who filed their taxes jointly.

4 0

3 years ago

A purchase of equipment for $18,000 also involved freight charges of $500 and installation costs of $2,500. The estimated salvag

IrinaVladis [17]

Answer:

$4,750

Explanation:

The computation of the depreciation expense is shown below:

= (Original cost - residual value) ÷ (useful life)

where,

Original cost = $18,000 + $500 + $2,500 = $21,000

And, the other items would remain same

Now put these values to the above formula

So, the value would be equal to

= ($21,000 - $2,000) ÷ (4 years)

= ($19,000) ÷ (4 years)

= $4,750

3 0

4 years ago

Which account option may require larger money contributions than usual but offers a higher interest rate than traditional saving

saul85 [17]

Explanation: checkings

7 0

3 years ago

Read 2 more answers

Suppose that the market for athletic shoes is initially in equilibrium at point A. Further suppose the demand for athletic shoes

elixir [45]

Answer: Correct. When there is an increase in supply and an increase in demand, the new equilibrium quantity increases but whether the equilibrium price increases or decreases is unknown.

Explanation:

When the demand for the shoes increased, it had the effect of shifting the demand curve to the right. At the same time, with six more firms coming into the market, the supply increased as well which had the effect of shifting the supply curve right as well.

The new equilibrium as a result of these movements will see the quantity increase. However, due to the shift of both the supply and the demand curve in the same direction, it is uncertain if the price will change or not.

The general rule is that if the rise in supply is more than rise in demand then the price will decrease. If they rise by the same amount then price will remain the same. It shows therefore that if both supply and demand rise at the same time, the effect on equilibrium price is unknown.

3 0

3 years ago