500s4

(3 pages)

First discuss the recap of Stay Alive Healthcare and add any necessary and/or interesting information as background to the discussion of capacity and forecasting.

Identify at least two types of capacity and the constraints that act on them now and in the future.

Discuss the types of forecasting methods that your company uses. How do they generate short-term and long-term demand forecasts?

Determine and discuss some options that the company has in terms of relaxing or eliminating constraints and increasing capacity in the two areas you have identified. Which of these options would you recommend and why?

reference 

Global Text Project (2017), Operations management: Operations decisions. OpenStax CNX. Retrieved from http://cnx.org/contents/[email protected].
Pink, Daniel H. “Who Has the Next Big Idea?” Fast Company Magazine, August 31, 2001.
Inma, R. (2017). Capacity planning. Retrieved from from http://www.referenceforbusiness.com/management/Bun-Comp/Capacity-Planning.html
Iimtsvideo. (2013, August 27). Forecasting Techniques. [YouTube video]. Retrieved from, https://www.youtube.com/watch?v=5ORwXeP3NXw
Walonick, D. (1993). An Overview of Forecasting Methodology, Statpac, retrieved from http://www.statpac.org/research-library/forecasting.htm