How can you reach economies of scale in your business


Problem

After listening to the attached lesson (video) and keeping in mind either one of the following options:

1) Your Operations & Supply Chain created/ virtual business OR,
2) Any business that you have worked with in your career

Business I worked with in my career is in hospitality industry (HOTEL )

After selecting either 1 or 2, post answers to the following questions:

i. How would you determine the capacity of your business and measure its efficiency. Use an example to illustrate.
ii. How can you reach economies of scale in your business/ company and how?
iii. What other element of capacity planning (described in video) would you consider for your business and why?

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Operation Management: How can you reach economies of scale in your business
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