Examlex
__________ is an experiment in which participants do not know if they are in the experimental or the control group, but the experimenters do know which participants are part of which group.
Lot-Sizing Algorithms
Mathematical formulas designed to determine the optimal order quantity that minimizes the total costs, including ordering and holding costs.
MRP
A system known as Material Requirements Planning calculates the necessary components and materials for manufacturing a product.
DRP
Disaster Recovery Plan; a strategy for business continuity that focuses on recovering IT infrastructure and systems after a disaster.
Enterprise Resource Planning
A software system that allows an organization to manage and integrate important parts of its business.
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