Executive Briefings | January 22, 2014
Tactical Planning With “Supply & Demand”
Is your service in a market with surplus capacity or is there unmet need? The answer to this question is critical to organizational performance because you have more leverage on rates in a market where service capacity is limited – and very little in a market with an oversupply of the same service.
This is the age old principle of competitive markets, "supply and demand." And yesterday, we looked at how to estimate the system capacity (or supply) for a particular service (see Answering The Capacity . . .