The Objective of Strategic Capacity Planning Is to Determine the Overall

question 49

True/False

The objective of strategic capacity planning is to determine the overall capacity level of capital-intensive resources (including facilities, equipment, and overall labor force size) that best supports the company's long-range competitive strategy.

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Definitions:

Range Free

Often associated with farming and food production, indicating animals that are raised without being confined in tight spaces and have some degree of outdoor access.

Accord

A formal agreement between two or more parties, especially countries or organizations.

Satisfaction

The satisfaction or appeasement of a want, necessity, or craving.

Contractual Obligation

A contractual obligation is a duty or responsibility recognized by law that arises out of a contract agreement between parties.