The Only Objective of Aggregate Planning Is to Minimize the Cost

question 112

True/False

The only objective of aggregate planning is to minimize the cost of matching capacity to demand over the planning period.

---

Definitions:

Contract

A legally binding agreement between two or more parties, outlining terms and conditions of a specific arrangement or service.

Election

A formal group decision-making process by which individuals choose candidates to fill positions in government or other organizations through a vote.

Union Steward

An employee elected by union members to represent them in ensuring that the terms of the labor contract are enforced.

Organization's Management

The group of individuals responsible for overseeing the operations and making strategic decisions within an organization.