Process selection decisions determine the type of productive process to be used and the appropriate span of the process. Generally, process selection refers to how an organization chooses to produce its goods or provide its services. Process selection requires a thorough understanding of materials and their properties, existing technology, and the desired property of the final product.
A dictionary definition of capacity is ‘the ability to hold, receive, store or accommodate’. In a general business sense, it is most frequently viewed as the amount of output a system can achieve over a specified period of time. Capacity can also be defined as the maximum output that can be produced over a given period.
In this video, we will see
Process Selection
Capacity Planning
Developing Capacity Alternatives
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31 окт 2024