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Mixed Strategy
In game theory, a strategic plan in which a player utilizes a mixture of actions, each with a specific probability, to ensure unpredictability.
Chase Strategy
A management approach where production meets the exact demand for goods, reducing inventory costs by producing only what is needed.
Aggregate Planning
A process in supply chain management that develops, analyzes, and maintains a preliminary, approximate schedule of the overall operations of an organization.
Overtime
Additional hours worked by an employee beyond their normal working hours, typically compensated at a higher pay rate.
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