Examlex
When an equation contains addition, the variable can be isolated by performing the opposite process (subtraction).
Overtime
The extra time worked beyond the normal working hours, usually compensated at a higher pay rate.
Stockouts
Situations where demand cannot be met due to inadequate inventory, leading to missed sales opportunities and potentially dissatisfied customers.
Aggregate Planning
A methodology used by businesses to make decisions related to production, inventory levels, workforce size, and stockouts, aiming to optimize operational efficiency and meet demand.
Overtime
Additional time worked beyond the standard hours, typically compensated at a higher rate.
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