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Can a Company Identify Unused Capacity And, If So, How

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Essay

Can a company identify unused capacity and, if so, how can unused capacity be managed?


Definitions:

Quality Circles

Small groups of employees who voluntarily come together to identify, analyze, and solve work-related problems, aiming to improve the quality of their output.

Continuous Improvement

An ongoing effort to improve products, services, or processes by making small, incremental changes over time.

Quality of Work Life

A concept that encompasses a variety of factors affecting job satisfaction and overall well-being in the workplace, including working conditions, job security, and opportunities for advancement.

Productivity

The efficiency at which goods or services are produced, often measured by the output per unit of input.

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