Question

What trade-offs must a firm make in developing a long-range capacity plan?

How does capacity planning differ from manufacturing and service firms?

I have an idea of what the answer to these two are but I do not know if they are right. Just need a little clarification.

Answer 1

# 1 - Review the Capacity Tradeoffs section that begins on page 145 of the course text.

# 2 - Review the information under the Capacity Planning in Services section on page 150 of the text.

By reading the course materials, these answers should be readily available to you.