Minimise the cost of production

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The main aim of aggregate planning is to minimise the cost of production. The assumption made by the planners is that demand is static or fixed or at least that the demand forecast is given. For this reason, it is assumed that plans do not need to be changed or moderated however managers realise that all plans incur costs. Fully discuss any five (5) costs prevalent in aggregate planning at Jaguar.

Reference no: EM133299435

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