Shoulder season is the same. The time between a high and low cycle in seasonal sales.

A court order requiring a party to appear before a court and to explain to the court why a certain action shouldn’t be taken against them.

The way a trainer or teacher can best demonstrate applying methods, procedures, practices an dprocesses.

an event, condition, activity or a problem that will bring to a halt another program, activity or process.

The room where a compoany will display all of its products.

1. A percentage in short fall of a planned output amount. 2. a percent of inventory lost due to errors, theft and spoilage or waste.

A thin and tight wrap of plastic material that is used to ensure an air tight, water tight, dust and abrasion proof cover for goods. See stretch wrap.

A passive contract where the buyer of software accepts the factthat when he opens the shrinkwrap he is committed to the product.

An off- the- shelf software that is found in retail outlets and commercially available that is in contrast to software that is specially written for a company.

A practice in Japan in bargaining for an annual wage where smaller firms follow patterns of wages of the larger firms.

The time when a piece of equipment, a machine or a plant is not working.

Any maintenance that is performed when a machine or piece of equipment is turned off and out of service.

The level of output where total revenue is equal to total variable costs and the price of the product equals an average variable price.

A European investment fund where investor numbers determines the amount of capital in a fund.

Acute effects of discomfort or ill health that can be traced back to time spent in a certain place or building for a period of time. Usually occurs in new buildings from

The number a days an emplyee has each year when he can stay off work and still be paid when he is too ill to go to work.

An agreement between a property owner and the railroad where a track has been built on the persons property and not the railroads property.

A short rail road track that connects a wharehouse or a factory to the main line by pulling a switch.

1. The Greek symbol for sigma that represents a sum ot total operation.2. See also six sigma.

1. General. An electronic, acoustic or visual means that is used in transmitting an piece of information.2. Telecommunications. Energy that is applied to a circuit that makes it perform an action.