Examlex
Research indicates that about half of lost customers leave due to price considerations.
Process Choice
The selection of a specific manufacturing or service delivery method based on considerations like product type, volume, cost, and customer expectations.
Master Production Schedule
A plan for individual commodities to be produced in each time period, serving as a component of the supply chain process.
Lot Sizing
The process of determining the optimal number of units to be produced, ordered, or delivered in one batch.
MRP
Material Requirements Planning, a system for efficiently managing the manufacturing process, including inventory levels, production planning, and scheduling.
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