How Does Aggregate Planning for Services Differ from Aggregate Production

question 12

Multiple Choice

How does aggregate planning for services differ from aggregate production planning for products?

• A)There is no difference.
• B)Demand for products typically is stated as the number of hours of labor required,whereas demand for services is generally stated as the number of units of service desired.
• C)Most service plans are based primarily on labor requirements.
• D)Service plans make extensive use of inventory to meet demand.

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Definitions:

Geographic Variables

Factors relating to location and geography that affect business operations and market opportunities.

Market Globalization

The process of expanding business operations on a worldwide scale, creating global markets for goods and services.

Market Research

The process of gathering, analyzing, and interpreting information about a market, including information about the target market, customers, competition, and the industry as a whole.

Behavioral

Related to the actions or reactions of individuals or groups in response to internal or external stimuli, often studied in psychology and marketing.