| Fundamentals of Operations Management, 4/e Mark M. Davis,
Bentley College Nicholas J. Aquilano,
University of Arizona Richard B. Chase,
USC, School of Business
Aggregate Planning
Chapter Objectives- Demonstrate how aggregate planning links long-range strategic planning and short-range scheduling.
- Present alternate strategies for matching supply and demand: adjusting supply (an operations function) or adjusting demand (a marketing function).
- Introduce strategies for developing aggregate plans and ways to identify their strengths and weaknesses.
- Define marginal costs and total costs as they pertain to aggregate planning.
- Introduce the concept of yield management as a tool for matching supply and demand in service operations.
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