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Strategic Capacity Management Guide

The document discusses strategic capacity management, emphasizing the importance of measuring and planning capacity in manufacturing and service operations. It covers concepts such as capacity utilization rates, economies of scale, and the impact of capacity decisions on operational efficiency and customer satisfaction. Additionally, it includes examples of capacity requirements and break-even analysis to illustrate the decision-making process in capacity management.

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vcvishal51
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0% found this document useful (0 votes)
28 views18 pages

Strategic Capacity Management Guide

The document discusses strategic capacity management, emphasizing the importance of measuring and planning capacity in manufacturing and service operations. It covers concepts such as capacity utilization rates, economies of scale, and the impact of capacity decisions on operational efficiency and customer satisfaction. Additionally, it includes examples of capacity requirements and break-even analysis to illustrate the decision-making process in capacity management.

Uploaded by

vcvishal51
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

02-08-2024

Strategic Capacity Management

Thursday, August 1, 2024

74

What is common?

Have you experienced problems with a service


because of inadequate labor or equipment
capacity?

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Capacity
The ability to hold, receive, store, or
accommodate

Capacity is the capability of a manufacturing or


service resource such as a facility, process,
workstation, or piece of equipment to
accomplish a purpose over a specific period.

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76

How do you measure capacity?

PAPER MILL HOSPITAL SERVER AUTOMOTIVE


STORAGE PLANT

MAX OUTPUT PER UNITS OF


UNIT TIME RESOURCE
AVAILABILITY

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Examples of Short- and Long-Term Capacity


Decisions

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Capacity Planning Concepts


• Capacity utilization rate: a measure of how close
the firm is to its best possible operating level
– 𝐶𝑎𝑝𝑎𝑐𝑖𝑡𝑦 𝑈𝑡𝑖𝑙𝑖𝑧𝑎𝑡𝑖𝑜𝑛 𝑟𝑎𝑡𝑒 =
• Economies of scale: the idea that as a planet gets
larger and volume increases, the average cost per
unit tends to drop
• Diseconomies of scale: at some point, the plant
becomes too large and average cost per unit
begins to increase
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Capacity Management Concepts

Focus
Flexibility

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80

Capacity Focus
• A few key products
• A specific technology
• A certain process design and capability
• A specific competitive priority objective such
as next day delivery
• Particular market segments or customers and
associated volumes
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Capacity Flexibility

Flexible •Ability to quickly adapt to change


Plants •Zero-changeover time

Flexible •Flexible manufacturing systems


Processes •Simple, easily set up equipment

Flexible •Ability to switch from one kind of task to another


quickly
Workers •Multiple skills (cross training)

82

Considerations in Changing Capacity


Maintaining System Balance

•Similar capacities desired at each operation


•Manage bottleneck operations

Frequency of Capacity Additions

•Cost of upgrading too frequently


•Cost of upgrading too infrequently

External Sources of Capacity

•Outsourcing
•Sharing capacity

Decreasing Capacity

•Temporary reductions
•Permanent reductions

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Frequent versus Infrequent Capacity


Expansions

Exhibit 5.2

84

Demand versus Capacity Problem


Structure

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Strategic Capacity Planning

Determining the overall level of capacity- Facilities


intensive resources that best supports Equipment
the company’s long-range competitive Labor force size
strategy

Capacity level selected has a critical Too low and the firm will lose customers and
impact on response rate, it cost structure, encourage competitors
is inventory policies, and management Too high and firm may have to cut costs or
and staff support requirements underutilize its capacity

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Determining Capacity Requirements

Project labor
Use forecasting Calculate labor
and equipment
to predict sales and equipment
availability over
for individual requirements to
the planning
products meet forecasts
horizon

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Determining Capacity Requirements


• Stewart Company produces two flavors of salad dressing
– Paul’s and Newman’s
• Each is available in bottles and single-serving bags
• Have three machines that can package 150,000 bottles
each year
– Each machine requires two operators
• Have five machines that can package 250,000 plastic bags
per year
– Each machine requires three operators
• What are the capacity and labor requirements for the next
five years?

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Step 1: Use Forecast to Predict Sales


for Individual Products

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Step 2: Calculate Equipment and Labor


Requirements
Bottling Operation Bagging Operation
• Capacity: 450,000 • Capacity: 1,250,000
– 150,000 x 3 – 250,000 x 5
• Operators: 6 • Operators: 15
– 2x3 – 3x5
• Year 1 • Year 1
– 𝐶𝑎𝑝𝑎𝑐𝑖𝑡𝑦 𝑢𝑡𝑖𝑙𝑖𝑧𝑎𝑡𝑖𝑜𝑛 = = 0.3 – 𝐶𝑎𝑝𝑎𝑐𝑖𝑡𝑦 𝑢𝑡𝑖𝑙𝑖𝑧𝑎𝑡𝑖𝑜𝑛 = =
,
0.24
– 𝑀𝑎𝑐ℎ𝑖𝑛𝑒 𝑟𝑒𝑞𝑢𝑖𝑟𝑒𝑚𝑒𝑛𝑡 = 0.3 × 3 = 0.9
– 𝑀𝑎𝑐ℎ𝑖𝑛𝑒 𝑟𝑒𝑞𝑢𝑖𝑟𝑒𝑚𝑒𝑛𝑡 = 0.24 ×
– 𝐿𝑎𝑏𝑜𝑟 𝑟𝑒𝑞𝑢𝑖𝑟𝑒𝑚𝑒𝑛𝑡 = 0.9 × 2 = 1.8 5 = 1.2
– 𝐿𝑎𝑏𝑜𝑟 𝑟𝑒𝑞𝑢𝑖𝑟𝑒𝑚𝑒𝑛𝑡 = 1.2 × 3 =
3.6

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Step 3: Project Equipment and Labor


Availabilities over the Planning Horizon

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Planning Service Capacity

Manufacturing Service
Capacity Capacity
Capacity must be available
Goods can be stored for
when service is needed –
later use
cannot be stored

Goods can be shipped to Service must be available


other locations at customer demand point

Volatility of demand is Much higher volatility is


relatively low typical

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99

Capacity Utilization and Service Quality


• Capacity = Service Rate X Number of Servers
• The relationship between service capacity utilization and service
quality is critical
– Arrival rate: the average number of customers that come to a facility
during a specific period of time
– Service rate: the average number of customers that can be processed
over the same period of time
– Best operating point is near 70 percent usually
• Optimal levels of utilization are context specific
– Low rates are appropriate when the degree of uncertainty (in demand)
is high and/or the stakes are high (e.g., emergency rooms, fire
departments)
– Higher rates are possible for predictable services or those without
extensive customer contact (e.g., commuter trains, postal sorting)

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Relationship Between the Rate of Service


Utilization and Service Quality

5-26
Exhibit 5.6

101

Break-Even Analysis
• Defined as standard approach to choosing among alternative processes or
equipment.
• Model seeks to determine the point in units produced where a company
will start making profit on the process.
• Model seeks to determine the point in units produced where total revenue
and total cost are equal.
Purchase cost of process or equipment
Breakeven Demand 
Price per unit - Cost per unit
or
Total fixed costs of process or equipment

Unit price to customer - Variable cost per unit

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• The management of a pizza place would like to add a new


line of small pizza, which will require leasing a new
equipment for a monthly payment of $4,000. Variable costs
would be $4 per pizza, and pizzas would retail for $9 each.
1. How many pizzas must be sold per month in order to break
even?
2. What would the profit (loss) be if 1200 pizzas are made and
sold in a month?
3. How many pizzas must be sold to realize a profit of
$10,000 per month?
4. If demand is expected to be 700 pizzas per month, will this
be a profitable investment?
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107

[Link] = FC / (r – v) = 4000 / (9 – 4) = 800 pizzas


per month
[Link] revenue – total cost = 1200 x 9 – 1200 x 4
– 4000 = $2000 (i.e. a profit)
3.P = $10000 = Q(r – v) – FC;
Solving for Q will give us: Q = (10000 + 4000) /
(9 – 4) = 2800
[Link] less than 800 (i.e. QBEP) pizzas will
bring in a loss. Since 700 < 800 (QBEP), it is not a
profitable investment.
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Example 7.1: Break-Even Analysis


• Buy for $200

• Make on lathe for $75

• Make on machining center for $15

• Buy has no fixed costs

• Lathe has $80,000 fixed costs

• Machining center has $200,000 fixed costs

109

Example 7.1: Total Cost for Each Option

• Purchase
Cost = $200 x Demand

• Produce Using Lathe


Cost = $80,000 + $75 x Demand

• Produce Using Machining Center


Cost = $200,000 + $15 x Demand

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Example 7.1: Costs Shown Graphically

111

Example 7.1: Finding Points A and B

Point A
$ 80 , 000  $ 75  Demand  $ 200 , 000  $ 15  Demand
$ 80 , 000  $ 60  Demand  $ 200 , 000
$ 60  Demand  $ 120 , 000
Demand  $ 120 , 000  2 , 000
$ 60

Point B
$ 200  Demand  $ 80 , 000  $ 75  Demand
$ 125  Demand  $ 80 , 000
Demand  $ 80 , 000  640
$ 125
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Which location should we go for?


• Community A • Community C
– FC/year = $150000 – FC/year = $500000
– VC/unit = $62 – VC/unit = $24
• Community B • Community D
– FC/year = $300000 – FC/year = $600000
– VC/unit = $38 – VC/unit = $30

113

Using Decision Trees to Evaluate Capacity


Alternatives
• A decision tree is a schematic model of the sequence of steps in a
problem – including the conditions and consequences of each step
• Decision trees help analysts understand the problem and assist in
identifying the best solution
• Decision tree components include the following:
– Decision nodes – represented with squares
– Chance nodes – represented with circles
– Paths – links between nodes
• Work from the end of the tree backwards to the start of the tree
• Calculate expected values at each step

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Example 5.2: Decision Trees


• The owner of Hackers Computer Store is evaluating three options for
expansion over the next five years – expand at current site, expand to a
new site, do nothing
• The decision process includes the following assumptions and
conditions
– Strong growth has a 55% probability
– New site cost is $210,000
• Payoffs: strong growth = $195,000; weak growth = $115,000
– Expanding current site cost is $87,000 (in either year 1 or 2)
• Payoffs: strong growth = $190,000; weak growth = $100,000
– Do nothing
• Payoffs: strong growth = $170,000; weak growth = $105,000

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115

Calculate the value of each


alternative

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Diagram the Problem Chronologically

5-117
Exhibit 5.3

117

Calculate Value of Each Branch

5-118
Exhibit 5.4

118

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Decision Tree Analysis with Net


Present Value Calculations

5-119
Exhibit 5.5

119

Group Project guidelines


• Pick any manufacturing or service operation of your
choice
– Describe the transformation process of the chosen
operation
– Estimate the operation’s capacity and analyse its capacity
management strategy
– Map the Process flow and ascertain the bottleneck
resource of the process
– Examine the fitment of the design of the facility layout with
the process characteristics
– Does the process have Inventory? How is inventory
managed?

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