Operational management

Answer following questions in 1-2 paragraphs each: Keep it simple and to the point! 

 

  • Considering the vital role of an operations manager within a company as well as the benefits of Capacity Management, can you please explain the importance of Cost and Target Market Estimation with regards to making capacity decisions? 
  • Which American auto manufacturer used mass production to expand his sales and boost the wages of his employees?
  • If your company had a high demand for a certain product, and does not have the capacity requirements to increase production, how would you stimulate and/or shift the demand, in your favor?