~ IiItlEI Harvard Business School 9-289-049 Rev. August 5.1994 Avon Products‚ Inc. On June 1‚ 1988‚ Hicks B. Waldron‚ chairman and chief executive officer of Avon Products‚ Inc.‚ was reviewing a package of proposals that he and his financial advisors were to present to the Avon board of directors for final approval the following day. These proposals included (1) a public announcement that Avon would explore plans to divest two of its businesses‚ probably at a considerable book loss;
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Capacity Planning The overall objective of strategic capacity planning is to reach an optimal level where production capabilities meet demand. Capacity needs include equipment‚ space‚ and employee skills. If production capabilities are not meeting demand‚ high costs‚ strains on resources‚ and customer loss may result. It is important to note that capacity planning has many long term concerns given the long term commitment of resources. Managers should recognize the broader effects capacity
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Determining Capacity Requirements Capacity planning decisions involve both long-term and short-term considerations. Long-term considerations relate to overall level of capacity‚ such as facility size; short-term considerations relate to probable variations in capacity requirements created by such things as seasonal‚ random‚ and irregular fluctuations in demand. Because the time intervals covered by each of these categories can vary significantly from industry to industry‚ it would be misleading to
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CAPACITY PLANNING ALLAMA IQBAL OPEN UNIVERSITY (AIOU) ISLAMABAD PREPARED BY: HUMA NOOR (REG: AO595884) PREPARED FOR: MISS SANOOBAR SUBJECT NAME: PRODUCTION AND OPERATION MANAGEMENT SUBJECT CODE: 8509 STUDY CENTURE: UNITEC (ISLAMABAD) To my dearest and best friend’’ Raheela Khan’’…..Who support me and help me in making report. My family especially my ‘’Mother‚’’…….who encourage me and because of whom I’m here for higher education and only with her support and prayers I have come to
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ON STRATEGIC CAPACITY PLANNING Submitted to Submitted By‚ Prof. J.P.RATH Md Sarfaraz Khan 15320 WHAT IS CAPACITY PLANNING? Capacity can be defined as the ability to hold‚ receive‚ store‚ or accommodate; a measure of an organization’s ability to provide customers with the demanded services or goods in the amount requested and in a timely manner. Capacity planning is the process of determining the production capacity needed by an organization
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1.1 BACKGROUND OF THE THESIES In today’s competitive economic environment‚ customers do not just prefer but demand manufacturers to provide quality products in a timely fashion at competitive prices. To satisfy this requirement‚ manufacturers need to plan necessary and sufficient capacity to meet market demands. However‚ capacity planning is a very challenging task for many manufacturers. In Bangladesh now as well as the other industries ceramic industries need to compete to make better place
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UNIT – 3 CAPACITY PLANNING CONCEPT: Capacity simply means the ability to hold‚ receive‚ share or accommodate. It is a productive capability or a facility. Capacity is a critical consideration for long term strategy. It is generally measured in volume of output per unit of time. Capacity is the limiting capability of a productive unit to produce within a stated time period‚ normally expressed in terms of output per unit of time. So‚ capacity is the maximum productive capability.
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Capacity Planning Based on time horizon or duration it is viewed in three (i) Long-range Capacity Planning Time horizon is of more than one or two years. It is carried for productive resources which a long time. Long-range capacity planning requires participation and approval of top management personnel. (ii) Intermediate-range Capacity Planning It has a time horizon for 6 to 18 months. It may be varied by such alternative such as hiring off or laying off labour‚ purchasing or making new tools
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Chapter 12: Capacity Planning Question #1: Why are facilities decisions often made by top management? What is the role in these decisions of operations‚ marketing‚ finance‚ accounting‚ engineering‚ and human resources? “Facilities decisions often made up by the top management and the chief executive‚ and the board of directors because these decisions are strategic in nature‚ they require the input of all functional areas in the firm.” It is longest-term planning decision that contains all the important
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University GB530 Unit 1 Project Avon‚ the company for women‚ is a leading global beauty company‚ with nearly $11 billion in annual revenue. As the world ’s largest direct seller‚ Avon is sold through more than 6 million active independent Avon Sales Representatives. Avon products are available in over 100 countries‚ and the product line includes color cosmetics‚ skincare‚ fragrance‚ fashion and home products‚ featuring such well-recognized brand names as Avon Color‚ ANEW‚ Skin-So-Soft‚ Advance
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