Most business owners and managers strive to produce the highest quality products at the lowest production costs. In business terms, "capacity" means the maximum amount of productivity possible.

Aggregate planning seeks to forecast mid-term (six to 18 months) demand and output capacity for a company. If your small business is a service company, you may not be used to thinking in terms of ...

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This is a preview. Log in through your library . Abstract The planning of production, inventories, and work force at an aggregate level to respond to fluctuating demands on a production system has ...