1. In view of capacity planning, define the efficiency and utilization with examples of
each component.
2. Suppose, you have started a startup company in the manufacturing industry, now what would be your decisions, in order to reach the breakeven point? Justify your answer with
an example and necessary figure.
3. Mr. X is working as an Inventory Manager in Walton Electronics Company. Due to the pandemic situation, the company’s operation has been closed for the last year. Recently,
the management has decided to re-open the company and go for production again. Now, explain how Mr. X will create an effective inventory management plan for that
company.

Answer rating: 100% (QA)

1Efficiency is a measure of how well a system is able to utilize its resources For example a system that can process 100 transactions per second with ... View the full answer