Examlex
It is generally thought that the evolution of modern human behavior involved
Back Ordering
Refers to the process of accepting and processing orders for currently out-of-stock goods to be fulfilled when the stock is replenished.
Services
Activities or benefits provided to consumers or businesses that do not result in the ownership of tangible goods.
Manufacturing
The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.
Aggregate Planning
A process in operations management aimed at determining the optimal levels of production, inventory, and workforce to meet forecasted demand over a medium-term horizon.
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