Examlex
What type of aggregate plan keeps a stable workforce and uses backorders to compensate for excess demand needs?
Neutral Third Party
An unbiased individual or group engaged to mediate, arbitrate, or resolve disputes between two parties without a stake in the outcome.
Mediator
A neutral third party who assists disputing parties in resolving conflict through facilitated dialogue, without issuing a binding decision.
Arbitrator
A neutral third party selected to resolve disputes between two or more parties outside of the court system.
Binding Decision
A final and conclusive decision made by a court or arbitrator that the parties to the dispute must adhere to.
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