Choose a capacity constraint for a manufacturing or service operation, for insta
ID: 389901 • Letter: C
Question
Choose a capacity constraint for a manufacturing or service operation, for instance: facility size & organization, labor availability, product constraints, supply chain constraints, or others. Clearly state the constraint that you have chosen. Briefly discuss how uncertainty affects capacity decisions for this constraint and how you would deal with it. (e.g., suddenly increasing or decreasing demand for your product, major change in the availability of labor, a local supplier goes bankrupt, others). Include any personal experiences you have with this type of issue.
Explanation / Answer
THE CONSTRAINT I HAVE CHOSEN IS: DEMAND PROBLEMS(GOOD AND BAD)
BEING NOT READY FOR SUCH SITUATIONS WOULD MEAN THAT IT WOULD LEAD TO LOSSES FOR THE COMPANY IN BOTH EXCESS AND DEFICIENCY OF DEMAND
THE COMPANY HAS TO BE READY FOR ANY SUCH SITUATION AND SHOULD BE PREPARED FOR IT
ONE SuCH THING WE HAVE FACED IS THAT ONE OF COMPANIES A PRODUCT BECAME HIGHLY POPULAR IN THE MARKET - THE FIDGET SPINNER
WE WERE UNSURE ABOUT THIS GAMBLE AFTER ALL IT WAS JUST A TOY, NUT IT WAS POPULAR AMONG EVERYONE
WE DIDNT EXPECT IT, TO DO SO WELL, BUT IT JUST BLASTED IN THE MARKET
SO WE DID WHAT WE HAD TO MAKE SURE WE TOOK THIS OPPORTUNITY FOR OUR PROFITS SO WE CAPTURED THIS AND MADE A LOT OF MONEY IN THE MARKETS EVERYWHERE
WE TOOK A LOAN FOR THE COMPANY (HUGE RISK), BUT IT paid OFF, WE SET UP A NEW FACTORY AND HIRED NEW AND FRESH LABOUR WILE THE OLD LABOUR WAS STILL WORKING
WE INTRODUCED NEW AND FRESH PIECES IN THE MARKET OF THE SAME FIDGET SPINNER SO THAT PEOPLE WOULD ALSO FOCUS OTHER MODELS AND OVERALL SALES WOULD INCREASE
SO THAT'S HOW OUR COMPANY DEALT WITH THAT SITUATION
NOTE: PLEASE DO RATE THE ANSWER