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23download_doc-11.php - I. Aggregate Production Planning a....

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I. Aggregate Production Planning a. Aggregate Production Planning→ used because demand is rarely a constraint i. A managerial statement of time-phased production rates, work-force levels, and inventory investment, which takes into account customer requirements and capacity limitations 1. Capital intensive resources a. Production rates b. Work-force levels c. Inventory investments 2. Customer requirements and capacity limitations a. Limiting factors b. Restraints c. Comes from marketing ii. helps us attain our goals b. overview of major operations and planning i. long range 1. 5-20 years 2. Strategic ops planning ii. Medium range 1. 1-5 years 2. Tactical planning 3. How to use the resources we already have iii. Short range 1. Operational c. Nature of APP : characteristics i. Aggregate → to combine
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1. Classes of products 2. Labor or other inputs 3. Geographic location of production 4. Often fictitious (abstract) ii. Time horizon- medium term iii. Time buckets- divisions of horizons 1. A bucket is a measurement of time
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23download_doc-11.php - I. Aggregate Production Planning a....

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