Title: Reflection: Capacity Cushion, Economies of Scope, and Bottleneck
Contents
1. Identifies and reflects on three interesting points from “Chapter 4: Capacity” of the text below. The first is about capacity cushion. The second is about economies of scope, while a third is about bottleneck.
Ritzman, L. P., Krajewsk, L. I., Malhotra, M. K., & Klassen, R. D. (2013). Foundations of operations management (3rd Canadian ed.). North York, ON: Pearson Canada.
2. Author creates and answers the below questions
a. What approach (in terms of steps) can be used to decrease setup times?
b. What steps should an organization follow to identify and address capacity gaps?
c. What are some of the time intervals of throughput time and how can throughput be reduced?
Word count: 807 (2.69 pages)