Discuss the impact of capacity planning

A small business should utilize capacity planning because of the financial and logistical benefits it offers. Budgeting Capacity planning outlines the personnel and equipment your small business will need in order to maintain current operations and reach goals. That information becomes important when developing annual budgets and the spending portions of business and marketing plans.

Discuss the impact of capacity planning

It can be applied to your company's computer network, storage, work force maintenance and product manufacturing, among other things.

Chapter 7: Capacity Planning and Management Learning Outcomes After reading this chapter you should be able to: • Define and measure capacity and appreciate the factors that influence it. Capacity Planning and Its Implications on the Infrastructura l Development Needs of Some Selected Higher Institutions in the Eastern Senatorial District of Kogi State Strictly as per the compliance and regulations of: Capacity Planning and Its Implications on the. Capacity planning is the efficient use of resources by projecting production needs. It can be applied to your company's computer network, storage, work force maintenance and product manufacturing.

A small business should utilize capacity planning because of the financial and logistical benefits it offers. Budgeting Capacity planning outlines the personnel and equipment your small business will need in order to maintain current operations and reach goals. That information becomes important when developing annual budgets and the spending portions of business and marketing plans.

When you can closely estimate how much your expenses will be, it becomes easier to develop financial projections. Scalability Scalability is the process of planning for expansion. For example, when you buy computers for your small business, you want to make sure the memory, processor and other important parts can be upgraded for future use.

It prevents you from having to buy new computers each time one of your major software titles requires a hardware upgrade. This concept can apply to personnel planning, facilities planning and manufacturing projections as well. For example, your capacity plans for the next three years indicate that you will be expanding your staff by 20 percent.

Your office facility needs to be able to accommodate that change or else you need to find a new facility. Growth Planning for the growth of your small business requires several important considerations.

You need to determine if your company will need to add more physical locations, more personnel to run those locations and how much capital you will need to raise for your expansion and growth.

Capacity planning becomes an integral part of business planning because it helps you determine how your company will grow based on your projections. For example, if you anticipate a 20 percent increase in revenue each of the next three years, then capacity planning can let you know what you will need in terms of personnel, facilities, raw materials and product distribution to accommodate that growth.

Dynamic Change The process of capacity planning collects a significant amount of data on how your company currently operates.

Discuss the impact of capacity planning

One of the ways in which you can stay competitive in the marketplace is to use that capacity data to make changes to your organization to keep up with your competition. For example, if your prime competitor expanded its customer service staff by 20 percent, then your capacity planning information can let you know exactly what you would need it terms of money, facilities and personnel to keep up with the competition's level of support.Planning involves making decisions about the best possible uses for the company’s resources, which include people, capital, productive capacity and brand recognition.

Companies do not have. For capacity planning, modeling tools such as Aria Networks, OPNET, PacketTrap, NetSim, NetFlow and sFlow Analyzer, or NetQoS that project the impact .

Planning Principles and Practices Victoria Transport Policy Institute 2 A vision without a plan is just a dream. A plan without a vision is just drudgery. Capacity management is the management of the limits of an organization's resources, such as its labor force, manufacturing and office space, technology and equipment, raw materials, and inventory.

Chapter 7: Capacity Planning and Management Learning Outcomes After reading this chapter you should be able to: • Define and measure capacity and appreciate the factors that influence it.

Medium Term Capacity: The strategic capacity planning undertaken by organization for 2 to 3 years of a time frame is referred to as medium term capacity planning.

Short Term Capacity: The strategic planning undertaken by organization for a daily weekly or quarterly time frame is referred to as short term capacity planning. Goal of Capacity Planning.

The ultimate goal of capacity planning is to meet the current and .

Capacity Planning - Meaning, Classification and its Goals