Asked by Jessie Kindley on Jul 02, 2024

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Why do some firms have longer planning horizons than others?

Planning Horizons

The time period over which forecasts or plans are made, guiding strategic and operational decisions in an organization.

  • Comprehend the fundamental concepts and methodologies of aggregate planning.
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JC
Jennifer Cuellar8 days ago
Final Answer :
Aggregate planning is usually considered to encompass several production cycles. Some products, large ships or nuclear reactors, for example, have very long production cycles (years or tens of years). Other products, such as lawn mowers or jewelry, have production cycles measured in days.