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Figure 7-7
-In Figure 7-7 at 100 units, FC equals
MRP System
Material Requirements Planning System, a computer-based system used for planning and scheduling production and inventory control.
Bill of Materials
A comprehensive list detailing all materials, components, and assemblies required to build or manufacture a finished product.
Flexibility
The ability of a system, process, or entity to adapt to changes, variations, or unforeseen circumstances without significant loss in efficiency or performance.
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