Outrageously Funny Word Dictionary :: Capacities

👉 Capacities are a fundamental concept in mathematics and economics, particularly in the field of operations research. They refer to the maximum number or quantity that can be produced or managed at a particular point within an environment. In the context of operations management, they represent the limits or constraints imposed by various factors such as raw material availability, labor efficiency, equipment capacity, production processes, and other operational aspects. The concept of capacities is crucial for understanding how resources are allocated to different activities and how decisions can be

capacities