Examlex
Referring to Maslow's Hierarchy of Needs Theory,one would agree that U.S.workers are more often interested in satisfying their physiological and safety needs,as opposed to their self-esteem needs.
Physiological needs refer to the need for food,clothing,shelter,and other needs associated with basic survival.Safety needs refer to the need for security and safety at home and at work.These are the two lowest levels of needs in Maslow's hierarchy.In developed countries such as the United States,most employees have already satisfied these lower-level needs.According to Maslow,when needs are satisfied,they are no longer sources of motivation.
Inventories
Assets that are held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or in the rendering of services.
Aggregate Plan
A production plan for a medium-term horizon that balances demand and supply, often translating demand forecasts into a production strategy.
Complex Aggregate Planning
Advanced strategies in aggregate planning that deal with the intricacies of matching supply and demand under multiple constraints.
Planning Horizon
describes the time period over which future events are considered for planning and decision-making purposes.
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