Examlex
If the sum of the task times required to produce a product is 80 minutes and the cycle time for the same product is 15 minutes, the theoretical minimum number of workstations is 8 using the assembly-line balancing procedure.
Severance Pay
Payment given to an employee when they are terminated, typically based on how long they have worked for the company.
Discretionary Bonuses
Bonus payments made at the discretion of employers, typically not guaranteed and based on performance, profitability, or other criteria.
Low-Level Radiation
Radiation of lower intensity that does not produce immediate harm to living organisms but may have long-term health effects.
Inability To Perform
A situation where a party is unable to fulfill their obligations under a contract due to circumstances beyond their control.
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