Which of the following best describes aggregate planning?
A) the link between intermediate-term planning and short-term operating decisions
B) a collection of objective planning tools
C) make-or-buy decisions
D) an attempt to respond to predicted demand within the constraints set by product, process, and location decisions
E) manpower planning

Question

Quizplus · Accepted Answer

Aggregate planning is the process of balancing the demand for products or services with the resources and capacities of the organization to meet that demand. It involves making strategic decisions about the use of resources to meet future demand, in line with the set constraints of product, process, and location decisions. It lies between intermediate-term planning and short-term operating decisions, as it involves planning for a horizon of 3 to 18 months.

Which of the Following Best Describes Aggregate Planning