After listening to the attached lesson (video) and keeping in mind either one of the following options: a) Your Operations & Supply Chain created/ virtual business OR, b) Any business that you have worked with in your career After selecting either a or b, please post answers to the following questions: 1) How would you determine the capacity of your business and measure its efficiency. Use an example to illustrate. 2) How can you reach economies of scale in your business/ company and how? 3) What other element of capacity planning (described in video) would you consider for your business and why?

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 5.1SD: Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling...
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After listening to the attached lesson (video) and keeping in mind either one of the following options:

a) Your Operations & Supply Chain created/ virtual business OR,

b) Any business that you have worked with in your career

After selecting either a or b, please post answers to the following questions:

1) How would you determine the capacity of your business and measure its efficiency. Use an example to illustrate.

2) How can you reach economies of scale in your business/ company and how?

3) What other element of capacity planning (described in video) would you consider for your business and why?

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