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Aggregate Planning Objectives & Strategies Dr. Prashanth Bharadwaj Department of Management

Aggregate Planning Objectives and Strategies

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7/23/2019 Aggregate Planning Objectives and Strategies

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Aggregate

PlanningObjectives &Strategies

Dr. Prashanth BharadwajDepartment of

Management

7/23/2019 Aggregate Planning Objectives and Strategies

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Aggregate

Planning

 The top most level in thehierarch

 Aggregation can be done

 Specif an optimalcombination

7/23/2019 Aggregate Planning Objectives and Strategies

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Objectives in A.P.

Minimi!e costs and ma"imi!epro#ts

Ma"imi!e c$stomer satisfaction

Minimi!e%

 nventor investment 'hanges in prod$ction

rates

 'hanges in wor()forcelevels

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Basic A.P.

StrategiesAdvantages* drawbac(s & costs foreach strateg%

 +aring wor(force levels

 +aring wor()time

 Planned nventor

 Bac(orders ,-o Stoc(o$ts/0

 S$bcontracting

 Pricing

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A.P. Strategies

 Passive 1 2eactive ) 'apacitlagging

 Active 1 Aggressive ) 'apacit

leading 'hase and 3evel Strategies

 P$re and Mi"ed Strategies