Which of the following is the term used for medium range capacity planning with a time horizon of three to eighteen months?
A) material requirements planning
B) short-range planning
C) strategic planning
D) aggregate planning
E) none of the above

Question

Quizplus · Accepted Answer

Aggregate planning is the process of determining the overall production level of an organization for the medium term (usually 3 to 18 months) based on the forecasted demand and available resources. It involves making decisions on production rates, workforce levels, inventory levels, and subcontracting. Therefore, D is the correct answer. Material requirements planning is more focused on the short term, while strategic planning is concerned with the long term. Short-range planning is usually associated with the day-to-day operations.

Which of the Following Is the Term Used for Medium