Asked by Cassie Owens on Jun 27, 2024
Verified
Breaking an aggregate plan into separate plans for each product creates a master production schedule.
Aggregate Plan
A production planning method that aims to establish overall output levels and inventory policies over a medium-term horizon to meet forecasted demand.
Master Production Schedule
A detailed plan that outlines when and how much of each product needs to be produced over a certain period to meet forecasted sales demand.
- Familiarize oneself with the basic premise and goals pertaining to aggregate planning.
Verified Answer
KR
krista roblesJul 01, 2024
Final Answer :
True
Explanation :
Breaking down an aggregate plan into separate plans for each product results in a more detailed production schedule known as a master production schedule (MPS). This schedule specifies the exact quantity and timing of each product to be produced.
Learning Objectives
- Familiarize oneself with the basic premise and goals pertaining to aggregate planning.
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