Examlex
A beginning auto mechanic carefully observes a skilled mechanic perform a complex tune-up on a foreign car for the first time. What is the most likely reason that this beginning auto mechanic will be unable to perform this tune-up completely on his own?
MRP
Material Requirements Planning, a system for managing manufacturing processes by determining material requirements and scheduling production activities.
Gross Material Requirements
The total amount of raw materials needed to produce a particular quantity of finished goods, without accounting for waste or efficiency variations.
Inventory On Hand
The total quantity of goods available and stored by a business at any given time.
Planning Bills Of Material
A documented list of all the components, materials, and assemblies needed to create a product, used for planning and forecasting purposes.
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