Identify Some Mathematical Approaches to Aggregate Planning

question 61

Essay

Identify some mathematical approaches to aggregate planning. Which are optimizing?
Which are heuristic?

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Definitions:

Pleasure

A sense of joy, pleasure, or fulfillment that comes from participating in or experiencing an activity.

Satisfaction

The feeling of pleasure or contentment when needs, expectations, or desires are fulfilled.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Choices

The act of selecting among alternatives or the options available in a decision-making process.