Chapter 13 Rapid Review

Main Heading Review Material MyOMLab
  • Long-range plans develop policies and strategies related to location, capacity, products and process, supply chain, research, and capital investment.

  • Intermediate planning develops plans that match production to demand.

  • Short-run planning translates intermediate plans into weekly, daily, and hourly schedules.

Concept Questions: 1.1–1.4
  • Sales and operation planning (S&OP)—Balances resources and forecasted demand, and aligns the organization’s competing demands, from supply chain to final customer, while linking strategic planning with operations over all planning horizons.

  • Aggregate planning—An approach ...

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