Examlex
The following is NOT an advantage of the observations method:
Master Production Schedule
A plan for the production of individual items at specific times in the future.
Aggregate Plan
A medium-term plan that outlines the total production levels, inventory, and workforce size required to meet anticipated demand.
Safety Inventory
A buffer stock kept to protect against variability in demand or supply, ensuring sufficient product availability.
Capacity
The maximum output that a system, facility, or machine can produce under normal conditions over a given period.
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