Aggregate planning is the primary responsibility of the
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Aggregate planning helps achieve balance between operation goal, financial goal and overall strategic objective of the organization. It serves as a platform to manage capacity and demand planning.
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Aggregate planning is the primary responsibility of the business planning process.
Explanation:
- Aggregate planning is an essential component of business planning.
- This process begins when top management of your firm gets input from finance, marketing, operations, and engineering to build a strategic business plan.
- With a long-term emphasis, the strategic business plan outlines your company's direction and objectives for the next 2 to 10 years.
- Annually, the strategic business strategy is revised and reevaluated.
- The strategic business plan serves as the foundation for sales and operational planning.
- It outlines the company's profitability, growth rate, and return on investment goals.
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