Examlex
The multiple hurdle model is a sequential strategy in which only the applicants with the highest scores at an initial test stage go on to subsequent stages.
Overtime
Additional time worked by employees beyond their standard hours, often compensated at a higher pay rate.
Subcontracting
The practice of assigning or outsourcing part of the obligations and tasks under a contract to another party known as a subcontractor.
Stockouts
Instances when items are not available for sale due to insufficient stock.
Aggregate Planning
A production planning method that determines the necessary resources to meet projected demand over a future period, typically medium-term.
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