The process by which a company determines levels of capacity, production, subcontracting, inventory, stockouts, and even pricing over a specified time horizon is?

Understand the Problem

The question is asking about the term that defines the process a company uses to manage its capacity, production, inventory, and pricing over a set time period. The potential answers provided are different forms of planning in a business context.

More Information

Aggregate planning involves determining optimal production and capacity levels to meet fluctuating demand while balancing costs. It covers medium-term decisions typically spanning from 3 to 18 months.

Tips

Mistaking it for inventory or sales planning due to its broad scope. Remember, it's more encompassing.

Sources

• Aggregate planning - CourseSidekick - coursesidekick.com
• Aggregate planning definition - Studocu - studocu.com