Beck Manufacturing and Plant Capacity
According to Vonderembse & White (2013), capacity is the measure of an organization’s ability to meet the customers demand for goods and services in the requested amounts and in a timely manner. Capacity can also be defined as the maximum rate of production in an organization. Businesses need to acquire physical facilities, additional human resources, the correct amounts of raw materials and capital in order to achieve the desired levels of production to meet the demands of the customers. In the competitive business world, optimum capacity planning is the most important aspect for any business. This paper would focus Continue reading...