APICS Learn It, Term of the Day: Resource Planning Capacity - TopicsExpress

APICS Learn It, Term of the Day: Resource Planning Capacity planning conducted at the business plan level. The process of establishing, measuring, and adjusting limits or levels of long range capacity. Resource planning is normally based on the production plan but may be driven by higher level plans beyond the time horizon for the production plan (e.g., the business plan). It addresses those resources that lake long periods of time to acquire. Resource planning decisions always require top management approval.

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