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Under the rule of Charles V,
Overtime
Time worked beyond the standard hours set by a company policy or national regulation, often compensated at a higher pay rate.
Stockouts
Occurrences where items are not available for sale or use due to insufficient stock.
Linear Programming
A mathematical method used to achieve the optimal outcome in a model whose requirements are represented by linear relationships.
Aggregate Planner
A professional role responsible for developing, executing, and monitoring a production plan that balances demand and supply over a medium-term horizon, typically focusing on general levels rather than specifics.
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