Aggregate planning

Aggregate planning is a topic related to operations management and will be useful to students as well as people who need brief information about it

1. A Presentation by JYYOTHEES MV ASSISTANT PROFESSOR FACULTY OF MANAGEMENT

2. AGGREGATE PLANNING Introduction A big picture of planning is called aggregate planning. It involves planning the best quality during 6 to 18 months. While strategic planning deals with long range operations of factices and resources. Aggregate planning deals with developing way to utilize those facilities and resources.

3. Meaning and definition of aggregate planning Meaning : The aggregate plan generally contain targeted sales fore casts, production levels , inventory levels, and customer back logs.Type of medium range capacity planning that typically covers a 3 to 18 months.

4. Aggregate planning Aggregate planning Distribution And Marketing Accounts And finance Human resources engineering materials operators

5. Objectives of aggregate planning Minimize cost. Maximize profit. Maximize customer service. Minimize inventory investment. Minimize changes in production rate. Minimize utilization of plant and equipment.

6. Aggregate production plan Aggregate production plan input Strategic objective Company policies Financial constraints Unit sub constructs Inventory levels Production rate Size of work force Demand fore cast Out put Capacity constraints

7. Thank you