Operations Management Lesson 8 Flashcards Quizlet
Capacity Planning Approaches There are four principle methods to approach capacity planning Each method is based on reacting to or planning for market fluctuations and changing levels of demand These capacity planning strategies are match, lag, lead, and adjustment MatchStrategies The broad classes of capacity planning are lead strategy, lag strategy, match strategy, and adjustment strategy Lead strategy is adding capacity in anticipation of an increase in demand Lead strategy is an aggressive strategy with the goal of luring customers away from the company's competitors by improving the service level and reducing lead time
