This Forum task contains 3 key elements:

 

a. Share your own ideas/knowledge with your colleagues what's your best understanding or definition of capacity management,

b. Provide a simple/clear scenario from experience or research on how was determined or calculated the right capacity of a business (product or service) highlighting what elements were considered and why (e.g.: production cost, demand, supply, resources, forecasting, etc.). Please avoid copy and paste from online or printed resources, instead use your own words if you are responding to this task with an example from your research.

c. Comment to at least one of your classmate posts on the example they provided for capacity management calculation/ estimation. Please make sure that your comment adds value or shares your opinion.

Answer rating: 100% (QA)

a Capacity management refers to the process of planning monitoring and optimizing the utilization of resources within an organization to ensure that i... View the full answer