The Process of Converting a Parent Item's Planned Order Releases

question 35

True/False

The process of converting a parent item's planned order releases into component gross requirements is referred to as the ERP Implosion.

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Definitions:

Ordinal Level

A measurement scale that categorizes data while preserving the order of the categories but not assuming equal intervals between them.

Order

The arrangement or sequence of elements or events in a particular way.

Outlier

An observation in a data set that is distant from other observations, often indicating a measurement error or a unique phenomenon.

Mode

The most prevalent figure found in a group of data points.