ODM Ch. 13
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thisnameistaken on November 21, 2011
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10 terms
Terms | Definitions |
|---|---|
 aggregate planning | an approach to determine the quantity and timing of production for the intermediate future (usually 3 to 18 months ahead) |
| scheduling decisions | plans that match production to changes in demand |
| disaggregation | the process of breaking an aggregate plan into greater detail |
| master production schedule | s timetable that specifies what is to be made and when |
| chase strategy | a planning strategy that sets production equal to forecasted demand |
| level scheduling | maintaining a constant output rate, production rate, or workforce level over the planning horizon. |
| mixed strategy | 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. |
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