MGSC 395

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MGSC 395 TEST 2 Capacity Planning
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9

April 2024

2023/2024
Capacity PlanningCapacity– Max rate of output of a process or systemLong Term Capacity– relates primarily to strategic issues involving the firms major production facilitiesShort Term Capacity– concerns issues of scheduling, labor shifts, and balancing resource capacities the goal of short-term capacity planning is to handle unexpected shiftsin demand in an efficient economic manner.Utilization– degree to which a resource such as
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