Examlex
Good quality, well-cared-for hand tools are precision instruments that will last a lifetime.
MRP
Material Requirements Planning, a system for inventory and production planning that ensures materials and products are available for production and delivery to customers.
Successful MRP
Refers to the effective implementation and management of Material Requirements Planning, a system for efficiently managing the manufacturing process through inventory control and production scheduling.
Bill Of Material
An exhaustive inventory of raw ingredients, parts, and assemblies needed for building, producing, or fixing a product or service.
Demand
The quantity of a product or service that consumers are willing and able to purchase at a given price.
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