All those agents or forces that are out of an organization’s control, but can accelerate or restrict the organization?s success.

The deliverer of option rights to an optionee.

The solution that best utilizes available resources to achieve the company?s aims. No amount of tinkering will improve such a solution. Such solutions are difficult to ascertain statistically and are normally generated

An instruction to buy shares at a set price or lower, or to sell shares at a set price or higher.

A contract term that stipulates any replacement items must be equal to the specified item in all relevant respects.

Harmful effects caused by ingesting a toxin.

Verbal exchange of ideas or information.

A trader who sells call options or put options, and must perform as instructed by the option buyer.

The practice of increasing net audience by showing a commercial at different times.

Production system that takes account of capacity constraints in the production process and does not attempt to continuously operate at full capacity. The aim is not to produce as many units as

The different ways in which a policy can pay out to a beneficiary.

The act of recording an order in the company?s system, so that it can be viewed, changed and/or executed.

A court order, requiring an investigation into the amount owed as the result of an agreement between one party and another.

Standardized instructions for the replenishment of stock, such as when order point is reached or when stock is completely exhausted.

To increase or decrease some aspect of a process (e.g. output, efficiency, waste) by a multiple of 10.

A contract agreed verbally, but not in writing, the existence of which can be difficult to prove as a result. If an oral contract can be proven to exist, it may void

Bill of lading that allows a shipment to be discharged in multiple parts at multiple locations.

The interval between two sets of orders.

Typical, everyday occurrences.

A measure of changes following a phase transition. For instance, when a liquid becomes a gas, the order parameter would be density. Order parameters can be used to measure variables occurring as