ap-1 - Copy - AggregatePlanningI TheoryandConcepts These...

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Aggregate  Planning-I Theory and Concepts These notes are prepared by Dr. Ashok Kumar for Classroom discussion adapting first four slides from Stevenson and Hefty case from Schroeder. Please do not reproduce part or whole without permission.
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What is an Aggregate  Plan? Goal: Specify the optimal combination of production rate (units completed per unit of time) workforce level (number of workers) inventory on hand (inventory carried from previous  period) Product group or broad category  (Aggregation) Intermediate-range planning period: 3-18  months 
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Planning Horizon Aggregate planning Intermediate-range  capacity planning, usually covering 3 to 18  months. Short range Intermediate range Long range Now 3 months 18 months
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Overview of Planning Levels Short-range plans (Detailed plans) Machine loading Job assignments Intermediate plans (General levels) Employment Resouces Long-range plans Long term capacity Location / layout
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Planning Sequence Corporate strategies and policies Economic, competitive, and political
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This note was uploaded on 04/11/2011 for the course FIN 322 taught by Professor Gillette during the Winter '07 term at Grand Valley State.

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ap-1 - Copy - AggregatePlanningI TheoryandConcepts These...

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