Examlex
A student's prior academic career has no impact on their current level of performance in school.
MRP
Material Requirements Planning, a software-based production planning and inventory control system used to manage manufacturing processes.
Short-Term Scheduling
The process of assigning and managing tasks or resources over a short period of time, typically focused on immediate or near-term objectives.
Cost Reduction
Strategies or actions taken to lower the total expenses incurred by a business.
Strategic Importance
The significance of a plan, decision, or action in achieving long-term objectives and maintaining competitive advantage.
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