Examlex
Both restrictive and nonrestrictive relative clauses always begin with:
MRP Plan
Material Requirements Planning; a system for calculating materials and scheduling production to meet demand.
Gross Requirements
The total demand for an item, inclusive of direct and indirect requirements, before any adjustments for on-hand inventory or scheduled receipts.
Lot-For-Lot
A production strategy where the quantity to be produced is based on the exact demand, avoiding excess production.
Setup Cost
The expenses incurred to prepare or set up equipment and processes for production or manufacturing, necessary for each production run.
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