What is understanding or definition of capacity management


Problem: In your own words share with your colleagues what's your best understanding or definition of capacity management, b. Provide a simple/clear scenario from experience or research on how was determined or calculated the right capacity of a business. Highlighting what elements were considered and why (e.g. production cost, demand, supply, resources, forecasting, etc.). Instead use your own words if you are responding to this task with an example from your research.

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Microeconomics: What is understanding or definition of capacity management
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