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In the Case of Functions with Multiple Local Optima,most Nonlinear

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In the case of functions with multiple local optima,most nonlinear optimization software methods can get stuck and terminate at a local optimum.


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Aggregate Planning

A marketing activity that ensures supply meets demand by adjusting production rates, workforce levels, and inventory stock.

Overtime

Additional time worked by employees beyond their standard hours, often compensated at a higher pay rate.

Subcontracting

The practice of assigning or outsourcing part of the obligations and tasks under a contract to another party known as a subcontractor.

Stockouts

Instances when items are not available for sale due to insufficient stock.

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