Examlex
A common need to the business should be satisfied by contracting with an Application Service Provider (ASP).
OLTP
Online Transaction Processing, a system that manages database transactions in real-time, commonly used in banking, online shopping, etc.
Source Data Processing
The handling or manipulation of raw data from its origin to make it suitable for storage, analysis, or further processing.
CIM
Computer Integrated Manufacturing, a method of manufacturing where the entire production process is controlled by computer.
MRP
Material Requirements Planning is a system employed for production planning, scheduling, and managing inventory, aimed at optimizing manufacturing processes.
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