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Your company is a family operated hotdog restaurant is now faced with an increase in demand.
Your company is a family operated hotdog restaurant is now faced with an increase in demand.
Identify how your company can use forecasting for purposes of capacity planning and how you can utilize productivity, inventory control, and quality improvements to meet this new demand. Identify different kinds of capacity and capacity constraints. How is forecasting used to generate short-term and long-term information about demand that affects capacity? What are some options that the company has in terms of increasing its capacity?
