Examlex
Determine if the statement is true or false.
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Net Requirement
The total amount of a material or resource needed, after accounting for inventory on hand and any scheduled receipts.
Aggregate Planning
A marketing activity that aims to balance supply and demand by determining the most efficient level of production over a given time frame.
MRP
Material Requirements Planning, a system for managing manufacturing processes by determining material requirements and scheduling production activities.
Gross Material Requirements
The total amount of raw materials needed to produce a particular quantity of finished goods, without accounting for waste or efficiency variations.
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