Summary
- Capacity decisions deals with competitive environment, which has to consider priorities about: cost, quality, time, and flexibility.
- Trade-offs is needed to balance between priorities.
- So, operations management can translate competitive priorities into production requirements.
- However, achieving operational objectives must take in account the types of operations resources, whether it is intermittent or repetitive operations.
- Process planning determines how a product will be produced or service provided.
- It decides which components will be made in-house or will be purchased. It's a matter of outsourcing and process selection.
- Process analysis is the systematic examination of all aspects of a process to improve its operations through the best utilization of capacity available.
Summary
- So, we need process innovation and take technology decisions which involve large sums of money and have impact on the cost, speed, quality, and flexibility of operations.
- Capacity is most frequently viewed as the amount of output that a system is capable of achieving over a specific of time.
- We have to consider: Economies and diseconomies of scale, the experience curve analysis, capacity focus, and capacity flexibility concepts when planning for capacity decisions.
- As well as, using the suitable quantitative models for capacity planning.