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Lecture Operations and supply chain management: The Core (3/e) – Chapter 4a: Learning curves
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After reading the material in this chapter, you should be able to: Understand the concept of capacity and how important it is to manage capacity, explain the impact of economies of scale on the capacity of a firm, understand how to use decision trees to analyze alternatives when faced with the problem of adding capacity, describe the differences in planning capacity between manufacturing firms and service firms.