Aggregate Planning

Aggregate Planning is a marketing operational activity to the organisation to balance long term business strategic planning with short term production success so that the total cost of operations of an organisation is kept to the minimum over that period. The Aggregate Planning typically covers 3 to 18 months period that determines overall output levels, and appropriates resource inputs: a quantification of resources for outsourcing, subcontracting, overtime of labour, etc., in each period and the amount of inventory to be held in stock.

Related Definitions in the Project: The Project Management; Project Controls