Key Terms
strategic business plan 507
sales and operations planning 507
marketing plan 507
aggregate plan 507
financial plan 508
engineering plan 508
master production schedule 508
level aggregate plan 509
chase aggregate plan 510
hybrid aggregate plan 511
demand-based options 511
capacity-based options 511
finished goods inventory 512
back orders 512
shifting demand 512
overtime 512
undertime 513
subcontracting 513
hiring and firing 513
point of departure 514
magnitude of the change 515
duration of the change 515
yield management 524
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