Question-1- Read the scenario and answer the question below. Use separate heading to answer each point. The maximum limit of words-count in each part is 300 words: “When demand for future resources is expected to decrease, the company can start to plan ways to shed the capacity so that it will not be burdened with significant excess capacity in future quarters”. Identify the strategy of capacity to be used by the company. State the reason to choose the strategy. Explain the scenario in the context of Resource Planning. How this will be reflected in Annual Operations plan.
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Question-1- Read the scenario and answer the question below. Use separate heading to answer each point. The maximum limit of words-count in each part is 300 words:
“When demand for future resources is expected to decrease, the company can start to plan ways to shed the capacity so that it will not be burdened with significant excess capacity in future quarters”.
- Identify the strategy of capacity to be used by the company. State the reason to choose the strategy.
- Explain the scenario in the context of Resource Planning. How this will be reflected in Annual Operations plan.
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