Examlex
Which of the following are not primary reports provided by MRP systems?
Mathematical Forecasting
The use of mathematical models and statistical techniques to predict future trends or outcomes based on historical data.
Inventory Analysis
The examination and evaluation of stock or inventory to ensure optimal stock levels, turnover rates, and minimized waste.
Linear Programming
A mathematical method for determining a way to achieve the best outcome, such as maximum profit or lowest cost, in a given mathematical model for some list of requirements represented as linear relationships.
Open System
An entity or process that interacts with its environment by exchanging information, material, or energy.
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