Aggregate Planning Techniques
Technique
Solution
Characteristics
Cut-and-try charting/Graphical
Trial and error
Intuitively appealing, easy to understand; solution not necessarily optimal.
Linear programming
Optimal
Computerized; linear assumptions not always valid.
Simulation
Trial and error
Computerized models can be examined under a variety of conditions.
A Cut-and-Try Technique involves costing out various production planning alternatives
and selecting the one that is best