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Martin Luther launched the Protestant revolution.
Stockouts
Occur when an item is not available for sale or use due to insufficient stock levels, potentially leading to lost sales or production delays.
Aggregate Planning
The method of creating, examining, and upkeeping an initial, rough timetable of a company's entire operations.
Decision Variables
Variables that decision-makers control to determine the best action to take in operational and planning models.
Plant Capacity
The maximum output a manufacturing facility can produce under normal operating conditions in a specific period.
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