|THE PLANNING PROCESS (pp. –)
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 OPERATIONS PLANNING (pp. –)
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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