Examlex
Briefly outline the four 'societal classification of products' and provide an example of each.
Bill Of Material
A comprehensive list of raw materials, components, and assemblies required to construct, manufacture, or repair a product or service.
Material Requirements Plan
A system used in manufacturing to calculate the materials and components needed to manufacture a product, ensuring materials are available for production and products are available for delivery.
Subassemblies
Components that are assembled separately but are used as parts of a final assembly or finished product.
Projected Output Rate
An estimated rate of production for future periods based on current data and trends, forecasting the volume of output.
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