aggregate planning | intermediate range capacity planning, usually covering 2 to 12 months.
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aggregation | forming groups of similar commodities, represented by a single common unit of measurement, without identifying specific product names.
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available-to-promise (ATP) inventory | uncommitted inventory.
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chase demand strategy | matching capacity to demand; the planned output for the period is set equal to the expected demand for the period.
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cumulative graph | a graph that displays accumulated output and sales over a period of time such as a year, showing where the periods of shortage and surplus occur.
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disaggregation | breaking down an aggregate plan into specific products.
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level capacity strategy | maintaining a steady rate of regular time output while meeting variations in demand by a combination of options.
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linear decision rule | optimizing technique that seeks to minimize combined costs isomg a set of cost-approximating functions to obtain a single quadratic equation.
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master production schedule | shows the quantity and timing of planned production.
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master schedule | the result of disaggregating an aggregate plan; it shows the quantity and timing of specific end items for a scheduled horizon.
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rough-cut capacity planning | approximate balancing of capacity and demand to test the feasibility of a master schedule.
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simulation model | computerized models that can be tested under different scenariosto identify acceptable solutions to problems.
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time fences | points in time that separate stages of a master schedule.
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