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What is a teacher's first step in using social media to communicate with families?
Aggregate Plan
An operational activity that involves translating annual and quarterly business plans into broad labor and output plans for the intermediate term of 3 to 18 months.
Material Cost
The total cost associated with the raw materials and components used in manufacturing a product.
Hourly Wage
A rate of pay based on the number of hours worked, distinct from salary pay which is fixed regardless of hours worked.
Excess Inventory
Inventory that exceeds the optimal level, often leading to additional storage costs and potential obsolescence.
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