Examlex
A successful information technology project can help a business take advantage of what information technology can do to decrease costs and generate revenue.
MRP
Material Requirements Planning, a system for planning production and inventory control, ensuring materials and products are available for production and delivery.
Time Period
Refers to a specific duration or interval in which certain events or processes take place.
Net Requirements
The actual amount of materials or resources needed for production, calculated after considering the on-hand inventory and pending orders, to meet the production schedule.
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