Examlex
Patient results may be reported if one out of two quality control levels are in range.
Overtime
Additional hours worked by an employee beyond their normal working hours, typically compensated at a higher pay rate.
Subcontracting
The practice of hiring an outside party to perform services or create goods that are typically done in-house.
Stockouts
Occurrences when the demand for a product exceeds its supply in inventory, leading to inability to fulfill customer orders.
Aggregate Planning
A process by which a company determines optimal levels of capacity, production, subcontracting, inventory, and workforce to meet demand.
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