Examlex
What is the function of WEP?
Material Requirements Planning
A computer-based inventory management system used to manage manufacturing processes by determining material requirements and scheduling production.
Bill Of Material
A comprehensive list of raw materials, components, and assemblies required to manufacture or assemble a product.
Gross Requirements
The total amount of materials or products needed before any adjustments for inventory or scheduled production.
Net Requirements
The total amount of a material or product required, taking into account current inventory and any orders in process, to meet customer demand.
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