The ideal capacity of a process occurs when capacity ______ demand.
matches
The ideal capacity of a process occurs when capacity meets demand. In other words, the ideal capacity is the level of output that perfectly matches the demand for a particular product or service. If the capacity is too low, customers will experience long wait times and a backlog of orders, leading to customer dissatisfaction. On the other hand, if capacity is too high, it could lead to excess inventory and wasted resources, resulting in inefficient use of resources and higher costs. Therefore, businesses need to carefully analyze demand trends and adjust their production or service capacity to ensure it is aligned with the demand levels.
More Answers:
Innovation as a Key Driver of Apple’s Success: How Constant Reinvention Fuels Market Leadership in the Technology IndustryThe Concept of Realized Strategies in Strategic Management by Henry Mintzberg
Balancing Business Stakeholders: Navigating Ethical and Social Dilemmas in Social Science
Error 403 The request cannot be completed because you have exceeded your quota. : quotaExceeded