Examlex
Identify the type of fallacy in the following passage.
"There is only one way to solve this problem; that is the way our forefathers solved it."
Chase Strategy
A management approach where production meets the exact demand for goods, reducing inventory costs by producing only what is needed.
Aggregate Planning
A process in supply chain management that develops, analyzes, and maintains a preliminary, approximate schedule of the overall operations of an organization.
Overtime
Additional hours worked by an employee beyond their normal working hours, typically compensated at a higher pay rate.
Subcontracting
The practice of hiring an outside party to perform services or create goods that are typically done in-house.
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