2. Small and medium-sized companies often grow to their current size from an extremely small size at the outset. Such a company may lack sophisticated software, programs, and tools that much larger companies use, such as aggregate planning. Assume that you work for such a company that has now grown to a size where it needs to use a more sophisticated approach—aggregate planning specifically. You need to write a memo to top management of your company and make the business case for implementing a new aggregate planning process for the company. Discuss the advantages that aggregate planning can provide to your company.
(Note: Assume the company is a medium-sized manufacturer that produces kitchen cabinet hardware, such as hinges and door handles from various metals.)
Justify your answers with examples and reasoning.
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