Examlex
After a master production schedule (MPS) is created for finished goods, the demand for all materials and components necessary can be calculated, not forecasted.
Common Language
Common Language means a language that is mutually understood by a diverse group of people, facilitating communication and understanding.
Proportions
The relationship or ratio between different elements or components, often relating to size, quantity, or degree.
Fractions
A mathematical expression representing the division of one quantity by another, indicating a part of a whole number.
Percentages
A mathematical concept representing a part of a whole as fractions of 100.
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