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Explain in your own words the four costs relevant to the aggregate production plan, and their role, and how they impact the plan. 1. Basic

Explain in your own words the four costs relevant to the aggregate production plan, and their role, and how they impact the plan.

1. Basic production costs-

2. Costs associated with changes in the production rate-

3. Inventory holding costs-

4. Back ordering costs-

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1 Basic production costs Production costs are the expenses a business has to pay while producing a g... blur-text-image

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