Examlex
Using the cut-and-try method for aggregate operations planning we can determine the production requirement in units of product.If the beginning inventory is 100 units, the demand forecast is 1,200, and the necessary safety stock is 20% of the demand forecast, which of the following is the production requirement?
Specific Performance
A legal remedy whereby a court orders the party who breached a contract to perform the promised action rather than merely compensating the other party with money.
Quasi-contract
An obligation imposed by law to prevent unjust enrichment, where the court enforces a contractual obligation on parties who have not agreed to enter into a contract.
Rescission
The legal act of voiding a contract and returning all involved parties to their pre-contractual positions, often due to misrepresentation, fraud, or error.
Compensatory
Referring to a form of damages awarded to a plaintiff in a lawsuit to compensate for lost items, damage, or injury.
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