The determination of capacity to meet demand is done through ______.
A)finding the right market
B)establishing the right price
C)designing the product appropriately
D)capacity planning

Question

Quizplus · Accepted Answer

The determination of capacity to meet demand is done through capacity planning. Capacity planning involves analyzing the current and future demand for a product or service and determining the amount of production or service capacity needed to meet that demand. It involves balancing supply and demand to ensure that the organization has the resources needed to meet customer requirements in a cost-effective manner. While finding the right market, establishing the right price, and designing the product appropriately are important factors in meeting demand, capacity planning is the key factor in ensuring that an organization has the necessary resources to do so.

The Determination of Capacity to Meet Demand Is Done Through