CORE CONCEPTS OF MANAGEMENT
MARKETING MANAGEMENT
FINANCIAL MANAGEMENT
HUMAN RESOURCES MANAGEMENT
OPERATIONS & PRODUCTION MANAGEMENT

Aggregate Planning
Aggregate Planning (AP) is a systems concept. It is a holistic way of looking at products, facilities and personnel. (Also see CC/MIS1). Over some reasonable planning period, say 8 to 12 months, it is possible to forecast in aggregate terms. It is then possible to isolate and measure relevant costs (see FM/CA2). Modelling is then possible to permit optional decisions over a sequence of planning periods, and thus over a longer planning horizon. In the case of distributed manufacturing across multiple locations, aggregate planning develops special signifi cance. Prof. S N Chary, Director of Kirloskar Institute of Advanced Management Studies, is the author of this lesson. Decision processes for AP, comparative performance of decision processes, policies dealing with load levelling, joint decisions among different functional areas and AP under uncertainty are all illustrated.
OP/PM05

25 Mins

22 Mins

50 Pages
Equivalent classroom time: 3hrs