Ford Plant

0 / 5. 0

Student’s Name Course Tutor’s Name Date Ford Plant: Capacity Decision Elements The first example of capacity decision element of the impact it has on the operating costs. An appropriate capacity planning decision can make the manufacturing assembly more efficient and effective, thereby reducing the operating expenses. When the equipment, raw materials, labor, and storage or warehouse requirements are balanced with the view of meeting the demand for the products, the operating costs will easily be controlled and optimized. Another element of capacity decision is the long-term commitment of resources. Ford plant displays a constant commitment to the resources available for the production processes. A good capacity decision involves a permanent and long-lasting devotion of resources such as labor and machinery in the production activities. A company should ensure that all the scarce resources are utilized appropriately to achieve the optimal production level. What is more, another element of capacity decision that stands out in the video is that it should be planned for in advance as they consume financial and other resources. An organization needs to arrange all the required materials, resources, expertise, and work teams early enough to plan for the capacity. The capacity decision involves complex judgments that need time to be concluded and implemented. Globalization also contributes to the complexity of the capacity decision because the supply and procurement of the raw materials and parts include many countries across the globe operating within an integrated supply chain network. The decisions made, and the requirements consume a significant level of resources,

Related samples

Name Name von Professor Disziplin Datum Inhalt TOC o "1-3" h z u 1 Einleitung PAGEREF _Toc507996845 h 32 Chancen und Risiken der Digitalisierung PAGEREF _Toc507996846 h...

Motivation und Gesundheitsverhalten Inhaltsverzeichnis TOC o "1-3" h z u Abbildungsverzeichnis PAGEREF _Toc507269413 h 31. Gesundheit und gesundheitsbezogenes...

Descartes
0
(0)

DESCARTES MEDITATION Student’s Name Institution Introduction This term paper reflects Descartes’ meditation. It gives a critical analysis concerning the...

Student’s Name: Professor’s Name: Course Number: Date: Schizophrenia Psychological disorders are a pattern of irregular thoughts and behaviors which impede a...

Comments

Leave feedback

Your email address will not be published. Required fields are marked *