Examlex
Most shoppers cannot consciously identify the elements of a good store,but they know when these elements are missing.
Economic Part Period
A method in inventory management that determines the optimal order size by balancing order costs against holding costs over time.
Time Bucket
A specific period used in planning and scheduling processes to aggregate demand, supply, and other planning data.
Operations Splitting
A technique in production scheduling where a single operation or job is split into smaller tasks or parts to be worked on simultaneously on different machines or work centers to reduce completion time.
MRP
Material Requirements Planning, a system for calculating the materials and components needed to manufacture a product.
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