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When implemented correctly, MRP links all areas of the business.
Net Operating Income
The total profit of a business after operating expenses are subtracted from gross profit.
Estimated
Pertaining to figures or values that are approximations or predictions based on available data or trends.
Raw Material
The basic material from which a product is made, essential for the manufacturing process.
Direct Labor Costs
The total expenditure on labor directly involved in the manufacturing process of goods or services.
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