Explain the Fundamental Difference Between the "Capacity Options" and the "Demand

question 120

Essay

Explain the fundamental difference between the "capacity options" and the "demand options" of aggregate planning strategies.

---

Definitions:

Income Statement Columns

Income statement columns refer to the structured format used to present the revenues, expenses, and net profit or loss of a business over a specific period.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in net income or loss.

Net Income

The final earnings of a company after total revenue has had all taxes and expenses removed.

Current Assets

Assets that a company expects to convert into cash, sell, or consume within one year or its operating cycle, whichever is longer.