Question $1(1$ point$)$

Aggregate planning involves considering capacity in terms of labor or machine hours per period or output rates, without getting into the specifics of individual products. This approach allows for general resource allocation decisions.

True

False

Question $2(1$ point$)$

Aggregate planning is essential for two reasons. Firstly, it allows for effective planning, taking into account the time required to implement plans like hiring and training new workers. Secondly, it provides strategic flexibility to respond to unpredictable market demands.

True

False

Question $3(1$ point$)$

Aggregate planning is closely related to the budgeting process in organizations. particularly in terms of financial requirements planning on a departmental basis.

True

False