Aggregate planning is capacity planning for a medium$-$term period, for example $3$to $18$months$.$ Recall that capacity is the

maximum output that can be produced over a given period of time, for example an hour, a day, a week or a year. Most

organisations develop business plans for the long and medium terms.

With aid of a diagram, explain fully the position of aggregate planning within the sequence of an organisation$$s planning

activities.