Capacity planning is the evaluation from which the board plans to examine Wilson's ability to produce enough bags to satisfy their customers' demands.
<h3>What is
capacity planning?</h3>
Capacity planning is used to determine the types of equipment and manpower that will be needed, as well as when they will be needed. This "demand" could be for the future week, season, or even a year.
Changes in production output, such as increasing or lowering the production amount of an existing product affect demand for an organization's capacity.
Thus, capacity planning is the evaluation.
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Answer:
The answer is:
The more a salesperson knows about their potential buyers, the better he (or she) will perform and the more he (or she) will sell.
They should gather relevant information about the potential buyer (e.g. needs, demographics or preferences) to help them prepare their sales presentation.
Answer:
A) QE = 400, PE = 250
QW = 325, PW = 375
b) east market has more elastic market demand
Explanation:
Given data :
Marginal cost = $50 ( both markets )
demand and marginal revenue in each market are given differently
a) Determine/find the profit-maximizing price and quantity in each market
For east market :
50 = 450 - QE
hence QE = 450 -50 = 400
since QE = 400 ( quantity for east market )
400 = 900 - 2PE
PE = 250 ( PROFIT maximizing price for east market )
For west market
50 = 700 - 2QW
Hence QW = 325
since QW = 325
325 = 700 - pw
PW = 375
B) The market in which demand is more elastic is the east market because the quantity demanded is higher and also the profit maximizing price is lower as well
Answer:
The answer is below
Explanation:
The technical and socio-cultural dimensions of project management are two sides of the same coin because while they are different, they serve the same purpose. Project managers need to possess and apply both skills to be successful in project management.
The technical dimensions of project management include stuff like the scope of work, time duration, resource allocation, etc. In contrast, the sociocultural dimensions of project management have organizations' cultures and values. Both of which are essential to a project management success
