Examlex
Which of the following statements is NOT correct?
Time-Phased Stock
Inventory planning and control approach that accounts for changes in demand and supply over different time periods, often used in material requirements planning (MRP).
Distribution Network
The interconnected group of storage facilities and transportation systems that move goods from manufacturers to consumers.
System Nervousness
Frequent changes in an MRP system.
MRP System
Material Requirements Planning (MRP) System is a production planning, scheduling, and inventory control system used to manage manufacturing processes.
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