An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customers

An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customers

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter2: The Purchasing Process

Section: Chapter Questions

Problem 4DQ

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Concept explainers

Aggregate Planning Strategies

On the basis of the demand forecast, an organization can complete its business plans. When the business plans are complete, an organization can work backward from the completed total sales to the raw materials needed. Thus, annual and quarterly plans are divided into labor, raw material, working capital, and other demands for a medium-term period (6 months to 18 months). This process of evaluating moderate production requirements is known as aggregate planning.

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Id-6c An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customers

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