which of the following is not a strategy to manage service capacity or cope with service capacity limitations? multiple choice part-time workers storing inventories of the service hiring extra workers subcontracting pricing and promotion

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24-11-2022
Business

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which of the following is not a strategy to manage service capacity or cope with service capacity limitations? multiple choice part-time workers storing inventories of the service hiring extra workers subcontracting pricing and promotion

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varshamittal029 varshamittal029 · Answer 1 · 2022-12-01T08:37:26+01:00

Storing inventories of the service is not a strategy to manage service capacity or cope with service capacity limitations.

Capacity management refers to the technique organisations employ to maximise production efficiency in response to the market's total demand for a product or service. Its objectives include detecting and eliminating manufacturing process bottlenecks and increasing production speed by maximising existing resources and eliminating time and capacity restrictions.

It assists businesses in overcoming obstacles related to meeting short- and medium-term client demand, managing supply chain operations, and developing long-term organisational strategies. A company must examine the availability of its resources to guarantee that the production output is met within the allotted time frame. This strategy is prevalent in industrial, retail, service, and information technology industries.

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