an approach to determine the quantity and timing of production for the intermediate future (usually 3 to 18 months ahead)
plans that match production to changes in demand
the process of breaking an aggregate plan into greater detail
master production schedule
s timetable that specifies what is to be made and when
a planning strategy that sets production equal to forecasted demand
maintaining a constant output rate, production rate, or workforce level over the planning horizon.
a planning strategy that uses two or more controllable variables to set a feasible production plan.
transportation method of linear programming
a way of solving for the optimal solution to an aggregate planning problem.
management coeffecients model
a formal planning model built around a manager's experience and performance.
yield (or revenue) management
capacity decisions that determine the allocation of resources to maximize profit or yield.