Aggregate Planning (Concept)
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Description
Aggregate planning is an operational activity that does an aggregate plan for the production process, in advance of 2 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of operations of the organization is kept to the minimum over that period.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Aggregate planning
Learning Material
Covered in Topic(s)
| Aggregate Planning |