1 one paragraph to explain what capacity means2 two, Ask an Expert

Management Studies

1. One paragraph to explain, what Capacity means.

2. Two examples of Input and Output.

3. Name and explain one of the methods of Qualitative Forecasting.

(I know 4 methods are expert opinion, market surveys, life cycle analysis and time series forecasting, but I do not know how to explain it).

4. Name and explain one method of Quantitative Forecasting. (I know one of them is exponential smoothing).

5. List the 3 Management Strategies and give an example of each one. (I think it is Level capacity plan, Chase demand plan, and Demand management, but I am not too sure about it)

6. Mention one example of queuing and two ways of improving it.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92501742

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