Final answer:
Aggregate planning in the service industry focuses on managing labor capacity and scheduling, whereas in the manufacturing industry, it focuses on managing inventory and production levels.
Step-by-step explanation:
In the service industry, aggregate planning focuses on managing the capacity and scheduling of labor, while in the manufacturing industry, it focuses on managing inventory, production levels, and scheduling of production resources such as machines.
Service industry aggregate planning requires considering factors like peak demand periods, staffing levels, and skill requirements, to meet customer demand and maintain service quality. Manufacturing industry aggregate planning involves forecasting demand, determining optimal production levels, and managing inventory to align supply with demand.
For example, a call center might use aggregate planning to schedule shifts and train new employees to handle expected high call volumes during certain times of the year. On the other hand, a manufacturing company might use aggregate planning to adjust production levels based on demand forecasts and optimize inventory levels.