You are a manufacturing expert who understands basic economic concepts such as supply and demand, inflation and deflation, and the economic business cycle.

Your company is faced with a tough decision. You have been asked by your boss to discuss the advantages and disadvantages of expanding the company's manufacturing facilities during a time of economic recovery. Since you are an expert, you will make a recommendation as to a course of action. Your task is to decide whether or not your company should expand its manufacturing operations and discuss the reasoning behind your decision.

Your discussion should include the steps you used to develop a recommendation, and at least 3 issues that your company might face if they choose to expand during a time of economic recovery. Each issue should be described in detail referencing your knowledge of economic concepts.