Long-term capacity requirements are identified on the basis of _____________________.

Question

Quizplus · Accepted Answer

Long-term capacity requirements are identified on the basis of forecasts of future demand. It is important to anticipate future demand to ensure sufficient capacity is available to meet it, and forecasts can be made using a variety of methods such as trend analysis and market research. The expected lifetime of the facility and demographic factors can also be factors considered in capacity planning, but they are not the primary basis for identifying long-term capacity requirements. The current trend of the economy or future political events may impact demand, but they are not reliable indicators of future capacity needs.

Long-Term Capacity Requirements Are Identified on the Basis of _____________________