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An Input to the Material Requirements Planning (MRP) System Is

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An input to the material requirements planning (MRP) system is an inventory records file.


Definitions:

Rounding Rules

Guidelines used in mathematics and statistics for reducing the number of digits in a numeric value according to certain criteria, typically to make the value simpler or more intuitive.

Rounded

The process of adjusting numerical values to a specified degree of accuracy, typically to make them simpler or more manageable.

Rounded

A numerical value that has been adjusted to a less precise form, often to make it simpler or easier to communicate.

Median

In a dataset arranged by size, either upwards or downwards, the middlemost value is referred to as the median.

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