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What Are the Three Principles That Production Planners Follow

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What are the three principles that production planners follow?


Definitions:

Discount Period

The time period within which a payment on an invoice qualifies for a prompt payment discount.

Outstanding Balance

The outstanding balance is the total amount still owed on a loan or credit line, including any interest or fees that have accrued.

Credit Period

The time period granted to a customer for paying an invoice.

Stock Price

The current market price at which a share of a company's stock can be bought or sold.

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