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The Bill of Material Module in the MRP II System

question 123

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The bill of material module in the MRP II system is used to communicate the structure of a product,as it is in MRP.The MRP II system extends this module's capability to include


Definitions:

Voluntary

An action undertaken by one's own free will without external coercion or undue influence.

Liquidation

The process of converting a company's assets into cash to pay off creditors before dissolving the company.

Involuntary

Occurring without a person's consent or control, often referring to actions or processes not chosen or intended.

Bankruptcy Estate

The assets that are collected from a debtor who files for bankruptcy.

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