Examlex
When firms like Siebel Systems, Disney, Oracle, and Microsoft separated the roles of CEO and chairman of the board, they were creating CEO duality.
Part Requirement
Specification or quantity of a component necessary for completing a manufacturing process or assembling a final product.
Parent Component
In manufacturing or software development, a main component that includes or is linked to subordinate components within a product or system.
Safety Stock
Inventory kept on hand as a buffer against variability in demand or supply, ensuring that out-of-stock situations are minimized.
MRP Logic
Refers to the set of principles and algorithms used in Material Requirements Planning systems to schedule and plan production and inventory in manufacturing.
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