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Q: What are some industries in which aggregate planning would be particularly important?
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Why is planning important to the firm?

Planning is not only important to the firm but it is important for individual too. Planning is important to estimate tasks and resources available. Planning is important in prioritizing among multiple tasks. Planning is important in estimating final output. Planning is important in estimating time period to achieve target.


What should be an important part of planning your future?

retirement planning A+ ;)


Why is learning about personal financial planning important?

because it is


Why is goal setting such an important part of the financial planning process?

The goal setting is an important part of the financial planning process because it will minimize the wastage and misuse of financial resources.


In which way does the time horizon chosen for an aggregate plan determine whether it is the best plan for the firm?

Many factors affect the selection of an appropriate time horizon. Perhaps, the most important is what the firm intends to plan during that time period. An aggregate plan implies a period of up to 18 months wherein the firm takes its forecast and plans production using inventory, work force size, overtime and under time, subcontracting, and backlogging orders to achieve a reasonable schedule at reasonable costs. A very stable firm in a very stable environment with a very stable demand really doesn't need to go out very far with its aggregate plan. However, when there is variation, especially when this variation is considerable, then a longer aggregate plan will show the need to find subcontractors, new workforce availability, etc. Planning for these can start early.

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Cover letter cooridinate aggregate operations planning and TQM for Riordan Electric fans?

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What is the major difference between aggregate planning in manufacturing and aggregate planning in services?

Aggregate planning in manufacturing is planning so that you allocate the right amount of resources for every process of the manufacturing so that time will be minimized when in IDLE mode. For services, aggregate planning serves to schedule your employees and it varies as to what particular season you are in. Moreover aggregate planning for services (as oppose to manufacturing) implies: 1. Most services cannot be inventoried 2. Demand for services is difficult to predict 3. Capacity is also difficult to predict 4. Service capacity must be provided at the appropriate place and time 5. Labor is usually the most constraining resource for services


What is the relationship between aggregate planning and master production schedule?

The aggregate plan balances the Plant's capacity with demand and the MPS translates this plan into numbers of specific products in time frames.


Why is planning important to the firm?

Planning is not only important to the firm but it is important for individual too. Planning is important to estimate tasks and resources available. Planning is important in prioritizing among multiple tasks. Planning is important in estimating final output. Planning is important in estimating time period to achieve target.


How many steps for aggregate planning?

1 demand analysis 2 resource.availability 3 resourceplanning 4 manufacturingrequirement planning 5 submitt plan to production departments


What has the author Anthony M Bauer written?

Anthony M. Bauer has written: 'Site planning elements for aggregate mining operations'


What are the important of planing?

why planning is important


Why did a Philip Randolph planning march on Washington in 1941?

To protest segregation in the defense industries


What is an important part of planning an experiment?

retirment planning


What has the author George C Sawyer written?

George C. Sawyer has written: 'Business and society' -- subject(s): Industries, Social aspects, Social aspects of Industries 'Corporate planning as a creative process' -- subject(s): Business planning