The process of assessing a company's ability to produce enough output to satisfy market demand is called ________.
A) location economics
B) capacity planning
C) process planning
D) facilities layout planning

Question

Quizplus · Accepted Answer

Capacity planning involves determining a company's ability to produce enough output to meet current and future market demand. Location economics is focused on choosing the best location for a facility based on factors such as labor costs and proximity to customers. Process planning involves determining the most efficient way to produce a product. Facilities layout planning involves designing the layout of a facility to optimize the use of space and resources.

The Process of Assessing a Company's Ability to Produce Enough