Describe Finite Capacity Scheduling

question 52

Essay

Describe finite capacity scheduling. How is it more realistic than MRP?

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Definitions:

Net Income

The total profit of a company after all revenues, costs, and expenses have been deducted, also known as the bottom line.

Long-Term Investments

Assets that a company intends to hold for more than one year, such as stocks, bonds, real estate, or other financial instruments.

Fair Value

An estimate of the appropriate value of an asset or liability based on current market conditions.

Available-For-Sale

A classification for financial assets implying that they can be sold in the future; these assets are not necessarily held till maturity and their unrealized gains or losses are generally reported in other comprehensive income.