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What Are the Two Dimensions of an Activity-Based Management Model

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What are the two dimensions of an activity-based management model?


Definitions:

MRP System

Material Requirements Planning System, a computer-based system used for planning and scheduling production and inventory control.

Bill of Materials

A comprehensive list detailing all materials, components, and assemblies required to build or manufacture a finished product.

Flexibility

The ability of a system, process, or entity to adapt to changes, variations, or unforeseen circumstances without significant loss in efficiency or performance.

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