Aggregate planning,
Definition of Aggregate planning:
Type of medium range capacity planning that typically covers a 3 to 18 month period of time. Used in a manufacturing environment and determines overall output levels planned as well as appropriate resource input mix to be used for related groups of products.
How to use Aggregate planning in a sentence?
- The aggregate planning method was useful as we were able gain an understanding of the new changes impact on our financial forecast.
- You should be very good at aggregate planning and then make sure to always follow your plan to its final completion.
- The management team was discussing aggregate planning for the next quarater after shortages of raw materials , down time of machinery, and low worker output produced disappointing sales.
Meaning of Aggregate planning & Aggregate planning Definition