Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is NOT a feasible strategy within the time frame of aggregate planning?
What is NOT a feasible strategy within the time frame of aggregate planning?
- Adding an extra shift
- Increasing or reducing the workweek
- Building new facilities (correct)
- Hiring or laying off workers
What does the term 'aggregate' in aggregate planning indicate?
What does the term 'aggregate' in aggregate planning indicate?
- The plans are developed for specific regions
- The plans are developed for product lines or product families (correct)
- The plans are developed for a specific department
- The plans are developed for individual products
What are the two main objectives of aggregate planning?
What are the two main objectives of aggregate planning?
- To establish a company-wide game plan for marketing and to develop an economic strategy for meeting demand
- To establish a company-wide game plan for allocating resources and to develop an economic strategy for meeting demand (correct)
- To establish a company-wide game plan for allocating resources and to develop a financial strategy for meeting demand
- To establish a department-wide game plan for allocating resources and to develop an economic strategy for meeting demand
