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What Is Aggregate Planning and What Alternatives Are Generally Feasible

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Essay

What is aggregate planning and what alternatives are generally feasible when developing the aggregate production plans?


Definitions:

Diffusion

The process through which an innovation is communicated over time among the participants in a social system.

Innovation

The act of inventing, evolving, and applying novel concepts, goods, or techniques to enhance or substitute the current ones.

Observability

The degree to which the results of an innovation or change can be seen and understood by others.

Diffusion

The process by which innovations or cultural practices spread within and across populations over time.

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