Examlex
Sustained noise over 85 decibels can cause permanent hearing loss.
Inventory
The total amount of goods and materials held by a business intended for sale or production.
Scheduling
The process of planning and organizing tasks or events by assigning them to specific times or periods.
Operations
The day-to-day activities involved in the running of a business for the purpose of producing value for the stakeholders, covering everything from manufacturing to administration.
Economic Order Quantity
Economic Order Quantity (EOQ) is a formula used to determine the optimal quantity of inventory to order that minimizes total inventory costs, including holding and ordering costs.
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