Examlex
Discuss the importance of putting contracts in writing, both from a legal perspective and from a practical business point of view.
Capacity
The maximum level of output that a system, facility, or organization can produce or handle under normal operating conditions.
Material Requirements Planning
A production planning, scheduling, and inventory control system used to manage manufacturing processes efficiently.
Master Production Schedule
A detailed plan that outlines what a manufacturing facility will produce, in what quantities, and when, to meet anticipated demand.
Bill of Material
A comprehensive list of raw materials, components, and instructions required to construct, manufacture, or repair a product or service.
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