CHAPTER 5 STRATEGIC CAPACITY PLANNING FOR PRODUCTS AND SERVICES KEY IDEAS 1. Definition of Capacity. Capacity is the upper limit or ceiling on the load that an operating system can handle. Essentially‚ it is the upper limit on output. Strategically‚ capacity and financial decisions are made first‚ followed by decisions on location of the facility‚ design of the product‚ layout and work systems. 2. Expressing Capacity. If products are similar enough‚ capacity is measured in common units
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PLANNING Thinking and looking ahead Process of establishing objectives and appropriate courses of action before taking action Why plan? To be: a. EFFECTIVE – being able to realize the objectives - “doing the right thing” b. EFFICIENT – being able to spend the least amount of resources in realizing the objective - “doing things right” TYPES OF PLANS: 1. Strategic Plan - focused on the entire organization - top management formulates the objectives
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There are many risks to consider when conducting business in another country. Competitive risks must be taken into consideration when providing services and products to another market. In 2008‚ Prime Minister Manmohan Singh released India’s first National Action Plan on Climate Change (NAPCC) the plan outlined existing and future policies and programs addressing climate mitigation and adaptation (Singh‚ 2012). The statement by the Prime Minister sparked the interest in entrepreneurs to dive into
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Essay: Business Continuity and strategic pre-incident changes the company would follow to ensure the well-being of the enterprise. Pre-Incident Planning: Good Business Continuity Planning starts with being proactive. That means taking concrete steps to plan for an incident much before it actually strikes. There is no one single approach that fits for all types of incidents as no two emergencies are identical. Much of business continuity planning varies based on the size of the company‚ company’s
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Carden August 24‚ 2013 Introduction The intent of this paper it to define critical concepts of strategic planning with Southwest Airlines (SWA) top management and how their organization pursued choices and different strategies to run the business by using superior performance employees that gave them a competitive advantage over their competitors. I will concentrate on the thirteen strategic staffing decisions that are critical for any organization to be successful. I will also emphasis the
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Site Planning and building form are very important from the point of view of seismic performance of the structure. Also it is very important to have proper compatibility of elements resisting seismic forces. Site Planning and selection of building forms is the first step in designing of any structure and the decisions taken are very crucial for the behaviour of those structures during any earthquake. Based on examples taken from various past earthquakes and theories this chapter gives guidelines
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THE MANAGEMENT PLANNING FUNCTION Planning - is determining what needs to be done‚ when‚ by whom‚ how‚ and within what cost in order to achieve an objective. It is the work that a manager performs to predetermine a course of action. * Provides the means for achieving a purpose‚ makes the best use of resources‚ makes a manager’s work easier‚ encourages teamwork‚ and forms a base for control. It is based on assumptions‚ involves change
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are sharper than the sharpest tool in a shed. "Hi Sheila! Good morning!" Maycie exclaims excitedly. "I’m really nervous about today!" "Oh‚ I bet you are! Promoting from eighth grade and singing solo the Star Spangled Banner‚ this will be quite the day! I’m so proud of you!" I state with pride. How many people have the opportunity to work with someone who is blind. My job is unique and I love it! Maycie has enhanced my life in so many ways and I have learned
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Essentials of Planning and Managing by Objectives OBJECTIVES After studying this chapter‚ you should be able to: 1. Understand what managerial planning is and why it is important. 2. Identify and analyze the various types of plans and show how they relate to one another. 3. Outline and discuss the logical steps in planning and see how these steps are essentially a rational approach to setting objectives and selecting the means of reaching them. 4. Explain the nature of objectives. 5. Describe
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home in Ayr. For completion of graded unit project I have selected a client who has a permanent colostomy and an attachment of colostomy bag at the site. A colostomy means a surgical opening into the colon. This project includes three stages called planning‚ development and evaluation of a practical activity where I will change a colostomy bag.This client is of 78 years old lady who has been cared for last six months and was transferred from Ayr General Hospital. Due to permanent colostomy bag attachment
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