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In order for a rigid body suspended by a pivot to be in rotational equilibrium, its point of suspension must be vertically above its centre of gravity.
Aggregate Planning
A marketing activity that does an aggregate plan for the production process, in advance of 6 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when.
Overtime
Additional hours worked beyond the standard work schedule, usually compensated at a higher rate.
Subcontracting
The practice of assigning specific tasks, projects, or production processes to external firms to leverage specialized capabilities or manage capacity.
Plant Capacity
The maximum volume of products that a manufacturing plant can produce over a specific period, reflecting the facility's size and efficiency.
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