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Dependent Demand
The demand for items that are directly influenced by the demand for other items, such as components of a final product.
Product Structure Trees
Diagrams that represent the hierarchical relationship between a final product and its raw materials, components, and subassemblies.
Bills-of-Material
A comprehensive list detailing the raw materials, parts, and components needed to manufacture a product, including quantities and specifications.
Closed-Loop MRP
A manufacturing resource planning approach that incorporates feedback mechanisms to adjust and improve planning activities based on actual performance.
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