Examlex
Producers in the BRICs have sought to buy old technology for small cars from western auto companies in order to ensure that the cars produced suit the needs of the domestic market.
MRP System
Material Requirements Planning (MRP) System is a software-based production planning and inventory management system used in manufacturing.
Short-Term Scheduling
The process of organizing, managing, and allocating resources for tasks or jobs that need to be accomplished within a relatively short period.
Strategic Importance
The significance of an action, decision, or project in relation to the overall goals, objectives, and long-term success of an organization.
Master Schedule
A detailed plan that outlines the production and delivery schedule of final products to ensure the efficient management of production operations.
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