Manufacturing can be complicated and expensive; that's why there needs to be a method to simplify the process. When looking to minimize production costs, many manufacturers turn to aggregate planning ...
When you apply aggregate planning to an organization, you attempt to create a plan that impacts the whole organization and not individual segments within the organization, explains Management Study ...
A number of approaches to the aggregate planning problem have been proposed in the literature, yet experience suggests that industrial concerns seldom use these models in actual planning situations.