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Describe Finite Capacity Scheduling

question 52

Essay

Describe finite capacity scheduling. How is it more realistic than MRP?


Definitions:

Strategic Changes

Refers to major decisions and actions taken by an organization to achieve its long-term goals and adapt to external changes.

Organisational Targets

Specific goals or objectives that a company or organization aims to achieve in a set period.

Marketplace Conditions

The various factors influencing the environment in which businesses operate, including competition, customer preferences, and economic trends.

Human Resource Systems

The integrated framework of policies, processes, and tools for managing an organization's workforce.

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