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XML elements can be nested,creating parent elements and child elements.
Bill of Material
A comprehensive list detailing all the raw materials, parts, components, and assemblies needed to produce one unit of a product.
Lot-For-Lot
A production and inventory control strategy that matches the order quantity exactly with the demand, without carrying any excess inventory.
Gross Requirements
The total amount of materials or components necessary to produce a product before accounting for any existing inventory.
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