Answer

Sourced from documents

C$)$ inventory levels

Step$-$by$-$step explanation

Generated by AI

Aggregate planning is a process by which a company determines levels of capacity, production, subcontracting, inventory, stockouts, and pricing over a specified time horizon. Its goal is to maximize profit or minimize cost.

The answer is C$)$ inventory levels. Here's why:

A$)$ Job sequencing: This is more related to operations scheduling, not aggregate planning.

B$)$ Customer order quantities: This is more related to demand forecasting, not aggregate planning.

C$)$ Inventory levels: Correct. Aggregate planning involves determining the quantity and timing of production for the intermediate future, often from $3$ to $18$ months ahead. Hence, it directly relates to inventory levels.

D$)$ Location: This is more related to strategic decisions about where to place facilities, not aggregate planning.

E$)$ Layout: This is more related to the arrangement of machinery or equipment in a facility, not aggregate planning.