Capacity planning is generally observed in three time durations: short, intermediate, and indeterminate. Group of answer choicesTrueFalse

False.

Explanation:

Capacity planning is typically divided into three time durations, but they are usually referred to as short-term, intermediate-term, and long-term, not indeterminate.

1. Short-term: This usually covers a period up to 6 months and involves making adjustments to capacity to meet changes in demand.

2. Intermediate-term: This covers a period from 6 months to 2 years and involves decisions such as hiring or laying off employees, and purchasing or leasing equipment.

3. Long-term: This covers a period of more than 2 years and involves decisions related to construction of new facilities, entering new markets, or exiting existing ones.

So, the statement "Capacity planning is generally observed in three time durations: short, intermediate, and indeterminate" is false.