Examlex
In the analysis of queuing models, the negative exponential distribution often describes arrival rates, while service times are often described by the Poisson distribution.
Collective Bargaining
Collective Bargaining refers to the process by which workers, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, and more.
Taft-Hartley Act
A federal legislation passed in 1947 that limits the actions and authority of labor unions within the United States.
Cooling-off Period
A legally mandated period of time allowing for the cancellation of a contract without penalty or for parties involved in a dispute to negotiate a resolution before taking further legal action.
Exclusion
The act of preventing certain groups or individuals from participating or being included within an activity, process, or benefit.
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