When Released, the Order Becomes an Open Order to the Factory

question 16

True/False

When released, the order becomes an open order to the factory or to purchasing and appears on the MRP record as a schedule receipt.

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Definitions:

Shutdown

The process of ceasing operations, typically temporarily, in a business or industry.

Analysis Of Variance

A statistical method used to determine the variance between two or more groups' means to see if they are significantly different from each other.

Variation

The occurrence of differences or deviations within processes, products, or data sets.

Longest Processing Time

A scheduling heuristic used in operations research for sequencing jobs to minimize the total time taken.