Production & Operation Management Full Series - No.13 ~ Capacity Planning | Meaning | Importance | Process | Strategies | (Hindi)

✅ Production & Operation Management Full Series ✅ https://www.youtube.com/playlist?list=PLPf7aahSRKFVJixTVuDVcpl4mxRe1IInJ ========================== 📕 Purchase Production & Operation Management PDF Book 📕 https://imojo.in/1TxEGJJ ========================== 📌 Capacity Planning 00:00 Starting 00:26 Purchase PDF Book of Production & Operation Management 00:54 Meaning of Capacity planning 04:20 Importance of Capacity Planning 08:00 Steps or Process in Capacity Planning 12:16 Strategies of Capacity Planning 14:43 Factor affecting Capacity Planning 👉 Meaning of Capacity planning Capacity planning must align with demand to ensure smooth operations. Companies often struggle with determining the appropriate capacity level for their organization. It is crucial to have a level of capacity that can meet present and future demand while maintaining a balance between demand and the ability to fulfill it. 👉 Importance of Capacity Planning 1.) Ability to meet future demand 2.) Help in preparing the budget 3.) Monitoring Cost 4.) Competitive advantage 5.) Impact in long run 👉 Steps or Process in Capacity Planning 1.) Assessment of existing capacity 2.) Forecast future capacity need 3.) Identifying alternative 4.) Evaluation of alternative 5.) Selection of most suitable alternative 👉 Strategies of Capacity Planning 1.) Short term capacity strategies 2.) Long term capacity strategies 👉 Factor affecting Capacity Planning 1.) Level of demand 2.) Availability of fund 3.) Human Factor 4.) External factors 5.) Size of facility 6.) Operational factor