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Capacity Planning in a Transitional Setting with Simulation‐based Modeling: A Case Study
Author(s) -
Von Lanzenauer Christoph Haehling,
Eschen Erik,
PilzGlombik Karsten
Publication year - 2002
Publication title -
international transactions in operational research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.032
H-Index - 52
eISSN - 1475-3995
pISSN - 0969-6016
DOI - 10.1111/1475-3995.00345
Subject(s) - computer science , task (project management) , process management , context (archaeology) , strategic planning , process (computing) , capacity planning , management science , operations research , business , systems engineering , engineering , paleontology , marketing , biology , operating system
Significant progress has been made in the development of modeling and analysis frameworks for the purpose of supporting senior executives in their task of strategy formulation and evaluation. Using the case study British Synthetic Fibres Ltd, the important strategic task of capacity planning is addressed in a transitional setting. The paper illustrates the use of influence diagrams, the development of a spreadsheet model in a language facilitating easy communication with senior management, and the strength of risk analysis as effective tools for managing the capacity‐planning process. Special emphasis is placed on the benefits and insights to be gained from this approach in evaluating strategic options in the context of the case study.