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In the following distribution of the variable semesters completed, which is median: 4, 3, 1, 0, 3, 3, 4, 0, 3, 2, 4?
Threshold Incentives
Threshold incentives are rewards or bonuses offered to encourage performance or purchases that exceed a specified level or threshold.
Rolling Time Horizon
A planning approach that continuously updates the planning period to include a new future period as the current period progresses or concludes.
Hockey Stick Phenomenon
A pattern observed in charts or graphs where a long period of steady but slow growth is suddenly followed by a sharp increase.
Critical Items
Goods or materials that are essential for the production process or service delivery, requiring careful management.
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