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Define power. How does power differ from authority?
Perishable Inventory
Items in inventory that have a limited shelf life and therefore require more dynamic and sensitive handling, management, and forecasting strategies to minimize losses due to spoilage.
Disaggregation
The process of breaking down a complex system or data set into smaller, more manageable parts.
Master Production Schedule
A detailed plan that outlines what a business needs to produce, how much, and when, over a certain period.
Aggregate Plan
An aggregate plan is a strategy for meeting forecasted demand by adjusting production rates, workforce levels, inventory levels, and other operational variables in the short to medium term.
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