Capacity management in businesses is a function of their operations and environment. In today’s business world, evaluating and managing capacities is becoming significantly more difficult. Therefore, managers need to do a balancing act to reduce costs and effectively utilize available capacities.
Write your initial response in 200 to 300 words. Give examples in support of your responses, be sure to include numerical examples where required. Apply APA standards to citation of sources.
Then respond to the following:
- Which type of operation has a more difficult time managing capacities: an environment supporting standardized products or one supporting customized products? Why? State your reason(s) and provide examples
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