capacity
Capability of a manufacturing or service resource such as a facility, process, workstation, or piece of equipment to accomplish its purpose over a specified time period.
short-term vs. long-term capacity decisions
short-term:
long-term:
5 ways to adjust short-term capacity levels
5 ways to shift or stimulate demand
Theory of constraints (TOC)
Set of principles that focuses on increasing total process throughput by maximizing the utilization of all bottleneck work activities and workstations.
Throughput
Amount of money generated per time period through actual sales.
Constraint:
Anything that limits an organization from moving toward or achieving its goal.
physical constraint
Constraint of the capacity of a resource (Machine, employee)