Examlex
How many elements are "essential" to life?
Holding Costs
Holding costs are the expenses associated with storing inventory, including warehousing, insurance, depreciation, and opportunity costs.
MRP II
Manufacturing Resource Planning, an integrated method of operational planning and control, including aspects from production, inventory management to distribution.
Supply Chain
The network of manufacturers, suppliers, and logistics providers working together to produce and deliver goods to the end user.
Scheduling Functions
Tasks involved in the planning and allocation of resources over time to perform a collection of tasks efficiently.
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