Throughout this course, you have learned about the various aspects of operations management. In this final week, the focus has been on two additional strategies, forecasting and aggregate planning. With as quickly as today\’s marketplace changes, managers need to be able to maximize the use of available resources as well as adjust strategies quickly to meet the market demands. Two basic production strategies, level strategy and chase strategy, help managers transform forecasts or estimates of market demand into a production plan for efficiently and effectively meeting that demand.Consider what you have learned about the use of aggregate planning. In the course text, review the list of variables that can be used in aggregate planning to modify the supply.One option for managing costs associated with changes in demand for a product or service is hiring additional personnel during periods of increasing demand and conducting layoffs during lower-demand periods. a 250- to 300-word statement that addresses the following: a selection of your colleagues’ postings. to or more of your colleagues’ postings in one or more of the following ways: to this Discussion in a few days to read the responses to your initial posting. Note what you learned and the insights you gained as a result of the comments your colleagues made.Be sure to support your work with specific reference citations from the Learning Resources and any additional sources you consulted. All references must be cited in APA format in an alphabetized list of references at the end of your summary post.  This page contains the Learning Resources for this week. Be sure to scroll down the page to see all of this week\’s assigned Learning Resources.