Assignment 2

Video Reference:

https://youtu.be/4-QU7WiVxh8

https://youtu.be/XnxtKuAtjAc

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

• Business I worked with in my career is in hospitality industry (HOTEL )

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?