Which of the following is an input to aggregate planning?

Step 1: Define the Problem

Identify the key components of the question that need to be addressed: Determine what constitutes an input to aggregate planning.

Step 2: Break Down the Problem

Divide the problem into smaller, manageable parts:

• Understand what aggregate planning is.
• Identify typical inputs used in aggregate planning processes.

Step 3: Apply Relevant Concepts

Aggregate planning is a process used in operations management to determine the best way to meet forecasted demand by adjusting production rates, labor levels, inventory levels, etc., over a medium-term horizon. Common inputs to aggregate planning include:

• Demand forecasts
• Inventory levels
• Workforce levels
• Production capacity
• Costs (e.g., labor, production, inventory holding)

Step 4: Analysis, Verify and Summarize

Analyze each potential input to ensure it aligns with the needs of aggregate planning:

• Demand forecasts are crucial as they guide the production levels needed.
• Inventory levels help determine how much production is necessary.
• Workforce levels and production capacity are essential for understanding current capabilities.
• Costs impact decisions on how to adjust production and labor levels.

Final Answer

An input to aggregate planning is demand forecasts.