Capacity Planning. Determinants of Effective Capacity
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1 Capacity Planning Definition of Capacity Capacity is the limiting capability of a productive unit to produce within a stated time period, normally expressed in terms of output units per unit of time. Capacity needs include Equipment Space Employee skills Determinants of Effective Capacity Facilities Product and service factors Process factors Human factors Policy factors Supply chain factors External factors 1
2 Strategic Capacity Planning Goal To achieve a match between the longterm supply capabilities of an organization and the predicted level of longrun demand Overcapacity operating costs that are too high Undercapacity strained resources and possible loss of customers Capacity Planning Questions Key Questions: What kind of capacity is needed? How much capacity is needed to match demand? When is it needed? Related Questions: How much will it cost? What are the potential benefits and risks? Are there sustainability issues? Should capacity be changed all at once, or through several smaller changes Can the supply chain handle the necessary changes? 2
3 Capacity Decisions Are Strategic Capacity decisions impact the ability of the organization to meet future demands affect operating costs are a major determinant of initial cost often involve longterm commitment of resources can affect competitiveness affect the ease of management are more important and complex due to globalization need to be planned for in advance due to their consumption of financial and other resources Capacity Design capacity maximum output rate or service capacity an operation, process, or facility is designed for Effective capacity Design capacity minus allowances such as personal time, maintenance, and scrap Actual output rate of output actually achieved cannot exceed effective capacity. 3
4 Measuring System Effectiveness Actual output The rate of output actually achieved It cannot exceed effective capacity Efficiency Efficiency Utilization Utilization Measured as percentages actual output effective capacity actual output design capacity Example Efficiency and Utilization Design Capacity = 50 trucks per day Effective Capacity = 40 trucks per day Actual Output = 36 trucks per day Efficiency Utilization actual output effective capacity actual output design capacity % 72% 4
5 Measures of capacity for different types of organizations Type of Organizations Auto plant Steel Plant Beer Plant Nuclear power plant Airline Hospital Movie theater Restaurant Jobbing machine shop School of Business Administration Capacity Measure Number of autos Tons of steel Cases of beer Megawatts of electricity Available seat miles (ASMs) Available beddays days Available seatperformance Available seatturns turns Available laborhours Available semester or quarter sections * When output units are more diverse, it is common to use a measure of the availability of the limiting resource as the capacity measure. Determinants of Effective Capacity Facilities Product and service factors Process factors Human factors Policy factors Supply chain factors External factors 5
6 Capacity Strategies LeadingLeading Build capacity in anticipation of future demand increases Following Build capacity when demand exceeds current capacity TrackingTracking Similar to the following strategy, but adds capacity in relatively small increments to keep pace with increasing demand Strategy Formulation Strategies are typically based on assumptions and predictions about: Longterm demand patterns Technological change Competitor behavior 6
7 Capacity Cushion Capacity Cushion Extra capacity used to offset demand uncertainty Capacity cushion = 100% Utilization Capacity cushion strategy Organizations that have greater demand uncertainty typically have greater capacity cushion Organizations that have standard products and services generally have greater capacity cushion Steps in Capacity Planning 1. Estimate future capacity requirements 2. Evaluate existing capacity and facilities; identify gaps 3. Identify alternatives for meeting requirements 4. Conduct financial analyses 5. Assess key qualitative issues 6. Select the best alternative for the long term 7. Implement alternative chosen 8. Monitor results 7
8 Calculating Processing Requirements Calculating processing requirements requires reasonably accurate demand forecasts, standard processing times, and available work time k pi Di N R where N p D R i i i 1 T number of required machines standard processing time for product i demand for product i during the planning horizon T processing time available during the planning horizon Service Capacity Planning Service capacity planning can present a number of challenges related to: The need to be near customers Convenience The inability to store services Cannot store services for consumption later The degree of demand volatility Volume and timing of demand Time required to service individual customers 8
9 Demand Management Strategies Strategies used to offset capacity limitations and that are intended to achieve a closer match between supply and demand Pricing Promotions Discounts Other tactics to shift demand from peak periods into slow periods InHouse or Outsource? Once Once capacity requirements are determined, the organization must decide whether to produce a good or service itself or outsource Factors Factors to consider: Available capacity Expertise Quality considerations The nature of demand Cost Risks 9
10 Developing Capacity Alternatives Things Things that can be done to enhance capacity management Design flexibility Take stage of life cycle into account Take a bigpicture approach to capacity changes Prepare to deal with capacity chunks Attempt to smooth capacity requirements Identify the optimal operating level Choose a strategy if expansion is involved Predicting Future Capacity Requirements Industry Capacity and Competitive Dynamics Mature Products with Stable Demand OR New Products and Risky Situations 10
11 Predicted Requirements, Current Capacities, and Projected capacity differences Predicted capacity requirements Machine shop capacity Capacity (gap) or slack Assembly capacity Capacity (gap) or slack Receiving, shipping, and factory warehouse capacity Capacity (gap) or slack Current, ,000 11,000 1,000 10,000 15,000 5,000 Capacity, Units per Year ,000 (1,000) (2,000) 3, ,000 (4,000) (5,000) ,000 (9,000) (10,000) (5,000) Expected, Optimistic, and Pessimistic Predictions of Requirements Expected capacity requirements Optimistic requirements Pessimistic requirements Current, ,000 10,000 10,000 Capacity, Units per Year ,000 14,500 11, ,000 25,000 12, ,000 62,000 16,000 11
12 The Optimistic Prediction Predicted capacity requirements Machine shop capacity Capacity (gap) or slack Assembly capacity Capacity (gap) or slack Receiving, shipping, and factory warehouse capacity Capacity (gap) or slack Current, ,000 11,000 1,000 10,000 15,000 5,000 Capacity, Units per Year ,500 (3,500) (4,500) ,000 (14,000) (15,000) (10,000) ,000 (51,000) (52,000) (47,000) The Pessimistic Prediction Predicted capacity requirements Machine shop capacity Capacity (gap) or slack Assembly capacity Capacity (gap) or slack Receiving, shipping, and factory warehouse capacity Capacity (gap) or slack Current, ,000 11,000 1,000 10,000 15,000 5,000 Capacity, Units per Year ,000 (1,000) 4, ,800 (1,800) (2,800) 2, ,000 (5,000) (6,000) (1,000) 12
13 Generation of Alternative Capacity Plans Large or small Capacity Increments Noted: Whether smaller or larger increments of capacity will be more economical depends on the balance of incremental capital and the operating costs of a particular organization and on whether or not economies of scale exist. Alternative sources of Capacity Noted: The cost effects of using alternative sources of capacity are the tradeoff of some of the costs carrying slack capacity against the costs of overtime and multiple shifts, productivity losses resulting from pushing capacity beyond normal limits, and the extra costs of subcontracting units of output unit every 2 years (current) capacity
14 unit every 4 years (current) capacity Planned use of alternative sources of capacity (current) capacity
15 15
16 Economies of Scale Cost per unit A B C Monthly production, units Economic Evaluation of Capacity Plans Mature Products with Stable Demand Growth Example 1.Capacity added January 1, 1987, and January 1, 1989, in increments ents of 2000 units. 2.Capacity of 4000 units added January 1, Capacity added July 1, 1987, and July 1, 1989, in increments of 2000 units, depending on overtime and multiple shifts to meet requirements during the first six months of 1987 and Capacity of 4000 units added January 1, 1988, depending on overtime and multiple shifts to meet requirements during
17 Original Invesment Requirements and Operating Cost Plant Size, Units per Year Original invesment Operating Costs per unit Operating Costs per Unit When Using Alternative Sources of Capacity 2000 $1,000,000 $ 10 $ ,8000, i = annual interest rate in decimals =
18 18
19 19
20 The present value for the four alternative are 1. $ 1,812, $ 1,850, $1,697, $1,617,398 20
21 New Products and Risky Situations An Example Suppose that we are planning future capacity for a product that is in the rapid development phase. Present annual capacity is 20,000 units.. New competition is becoming very aggressive,but the enterprise expects retain its market share. The sales department feels that market shares should be increased with aggressive promotion. Estimates of the total market vary, with w some feeling that growth might be explosive in the next four to five years. On the other hand, there is the additional uncertainty concerning continuing technological innovation that could stunt the growth of the current line. Thus, expected, optimistic, and pessimistic market prediction are made and assigned probabilities s that each might occur. The predictions are converted to capacity requirements per r year as follows: 1987, Current Optimistic (p( = 0.25) 17,000 24,000 34,000 48,000 66,000 Expected (p( = 0.50) 17,000 20,000 34,000 29,000 35,000 Pessimistic (p( = 0.25) 17,000 19,000 21,000 23,000 25,000 Strategies. Three alternative strategies are developed,each designed with the three market assumptions in mind.the variable cost of production are the same as for the present capacity because no new process technology is involved. The three alternative are. 1. Install new capacity in 1989,1990 and 1991 in increments of 15,000 units. 2. Install new capacity in 1989, 1990, and 1991 in increments of 5,000 units 3. Make no capacity additions. 21
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