Capacity Planning
- Social Sciences -
Economics & Business Dictionary
Definition
An operations concept defining how work, materials, and information flow through an organization to deliver products or services. It specifies planning, control, and improvement methods for capacity, quality, inventory, and delivery performance. It does not guarantee service levels without accurate demand signals, stable processes, and appropriate buffers.
Capacity Planning
Social Sciences Dictionary
Definition
The process of forecasting future demand and deciding how to allocate and scale production resources, equipment, facilities and workforce so that the organisation can meet expected output requirements within acceptable cost, lead‑time and quality constraints over the relevant planning horizon.