Examlex
The least total cost method (LTC) lot-sizing technique calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal.
Debt Adjustment
The process of negotiating the terms of debts to make them more manageable for the debtor.
Creditors' Claims
Legal rights or assertions by lenders or creditors to collect what is owed to them by debtors.
Chapter 11
A provision of the United States Bankruptcy Code that allows businesses to reorganize and restructure their debts under the supervision of the court.
Automatic Stay
A legal provision that halts actions by creditors, with certain exceptions, to collect debts from a debtor who has declared bankruptcy.
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