Match Each Example to the Names Listed Below

question 23

Multiple Choice

Match each example to the names listed below.
-Drug that treats a disease affecting a very small number of people

• A)Orphan drug
• B)Drug standards
• C)NDC
• D)USP/NF
• E)OTC

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Definitions:

Aggregate Planning

A management strategy aimed at balancing production, inventory levels, and workforce to meet forecasted demand over a medium-term horizon.

Demand Estimation

The process of determining the expected demand for a product or service, based on historical data, market trends, and statistical models.

Level Scheduling

A production strategy aiming to maintain a consistent production rate or workforce level over time, despite fluctuating demand.

Hire/Layoff Workers

Hiring and laying off workers are human resources management actions involving the appointment of new staff members and the dismissal of existing employees, respectively, usually based on the company’s current demand and financial situation.