/methodology/approach – A single‐period inventory model, which involves cost of over‐capacity, cost of under‐capacity, and forecasted future … determine the magnitude of over‐ or under‐capacity. Findings – The cost of over‐capacity was found much greater than the cost of … under‐capacity. The model that identified optimal capacity indicates that Las Vegas will experience severe over‐capacity …

severe over-capacity over the next five years. This study recommends solutions to the capacity problems. Academically, this …

understanding of competitive forces within the processing sector, and the extent to which over capacity is exogenous to the sector. …