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Jacket restraints
Level Strategy
An inventory management strategy where production rates or workforce levels are kept constant despite demand fluctuations.
Formal Planning Model
A structured approach to planning that involves systematic procedures and methodologies to achieve specified objectives.
Pure Level Strategy
A production strategy where the output rates are kept constant and inventory is used to absorb fluctuations in demand.
Aggregate Planning
The process of creating a production plan to meet demand over a medium-term horizon by adjusting production rates, workforce levels, and inventory levels.
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