Examlex
MRP, considering inventory position, bills of material, open purchase orders, and lead times guarantees a feasible production plan if the inputs to MRP are accurate.
Willing And Able
The condition of being both interested in making an economic transaction and capable of doing so.
Purchase
The act of buying goods or services.
Demand Curve
A graph showing the relationship between the quantity of a good demanded and its price, typically sloping downwards from left to right.
Price
The amount of money required to purchase a good or service, determined by factors such as supply and demand.
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