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Questions and Answers
What is the typical time horizon of aggregate planning?
What is the typical time horizon of aggregate planning?
- 1 to 6 months
- Less than a month
- 2 to 12 months (correct)
- 1 to 2 years
What is the main goal of aggregate planning?
What is the main goal of aggregate planning?
- Maximize profits at all costs
- Ignore fluctuations in demand
- Minimize employment levels
- Utilize resources to satisfy expected demand (correct)
Which level of planning defines the capacity constraints for intermediate planning?
Which level of planning defines the capacity constraints for intermediate planning?
- Short-term planning
- Intermediate planning
- Long-term planning (correct)
- Micro-level planning
What do intermediate decisions in planning relate to?
What do intermediate decisions in planning relate to?
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What is the focus of long-term planning decisions?
What is the focus of long-term planning decisions?
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How often are intermediate planning time increments usually set?
How often are intermediate planning time increments usually set?
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What is the time period covered by short-term planning?
What is the time period covered by short-term planning?
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What decisions do short-term decisions involve?
What decisions do short-term decisions involve?
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What is the output of aggregate planning?
What is the output of aggregate planning?
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What is the primary concern of aggregate planners?
What is the primary concern of aggregate planners?
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What do aggregate planners aim to achieve over the entire planning horizon?
What do aggregate planners aim to achieve over the entire planning horizon?
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Why do aggregate planners try to achieve a balance between supply and demand?
Why do aggregate planners try to achieve a balance between supply and demand?
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