aggregate planning quiz

the process of making
intermediate-range decisions to balance supply and demand, integrating financial and operations planning.t

• aggregate planning

• inventory management

• aggregate decision

• demand and supply

relate to general levels of employment, output, and inventories, which in turn
establish boundaries within which short-range capacity decisions must be made.

• Short-term decisions

• long-term decisions

• Intermediate decisions
  

• business plan

relate to product and service selection, facility size and location, equipment
decisions, and layout of facilities

• Long-term decisions
  

• Intermediate decisions
  

• Short-term decisions
  

• supply and demand

consist of deciding the best way to achieve desired results within the constraints
resulting from long-term and intermediate-term decisions

• Intermediate decisions
  

• Long-term decisions

• Short-term decisions

encompasses both long-term and intermediate-term planning. It establishes guidelines for the
organization, taking into account the organization’s strategies and policies;

• aggregate planning

• business plan

• inventory management

• level capacity

Aggregate planners are concerned with the quantity and the timing of expected demand. If total expected demand for the planning period is much different from available capacity over that same period

• Demand and Supply

• Inputs to Aggregate Planning

• Aggregate Planning and the Supply Chain

• Demand and Supply Options

Effective aggregate planning requires good information. First, the available resources over the planning period must be known. Then, a forecast of expected demand must be available. Finally, planners must take into account any policies regarding changes in employment levels

• Demand and Supply

• Inputs to Aggregate Planning

• Demand and Supply Options

involve demand options. They attempt to alter demand so that it matches capacity

• Proactive strategies

• Reactive strategies

• Mixed strategies
  

involve an element of each of these approaches.

• Proactive strategies

• Reactive strategies

• Mixed strategies
  

involve capacity options. They attempt to alter capacity so that it matches demand

• Proactive strategies

• mixed strategies

• Reactive strategies