capacity-planning

Vocabulary Word

Definition
'Capacity-planning' is when a business carefully figures out what resources it can handle, in terms of space, equipment or stuff, and people. It's making the best plan, so there's enough for everyone without wasting.
Examples in Different Contexts
In IT infrastructure, 'capacity planning' involves predicting future system requirements. An IT manager might say, 'Effective capacity planning ensures our network can handle peak loads without overspending on resources.'
Practice Scenarios
Business

Scenario:

Looking at our sales projections, it seems we are expecting a significant increase in demand next quarter. We'll need to ramp up production.

Response:

Let's use our previous sales data to good effect in our capacity-planning. It will help us determine the optimum workforce size to meet increased demand.

Public-Policy

Scenario:

Our city's population is projected to increase significantly over the next decade. We need to plan our public services and infrastructure adequately.

Response:

Exactly, capacity-planning will be critical for developing housing, transportation, and waste management schemes to deal with the increased population.

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