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If a distribution is "significantly distorted," what is this called?
Closed-Loop MRP
A manufacturing resource planning approach that incorporates feedback mechanisms to adjust and improve planning activities based on actual performance.
Work Centre
A specific physical location where work is performed, often consisting of one or more machines or workstations and the labor force.
Resource Requirements Profiles
Resource Requirements Profiles are detailed outlines that specify the types and quantities of resources needed to complete a project or operation within a specified time frame.
Lot-Sizing Techniques
Methods used in production and inventory management to determine the optimal order size that minimizes costs and meets demand.
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