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What is meant by each of the following terms; Master Production Schedule Material Requirements planning Manufacturing Resource Planning Resource Requirements Planning Just-In-Time Manufacturing Production Activity Control Chase Production Strategy Level Production Strategy ABC Analysis
Q4. In forecasting what is meant by, Qualitative techniques Quantitative techniques Moving Average Weighted Moving Average Exponential Smoothing Mean Absolute Deviation
Q5. What are the advantages of a Make-to-Stock and Assemble-to-order strategy over a make-to-stock strategy.
Q6 What are the essential inputs into an Material Requirements Planning (MRP1) inventory management system and what are the outputs...
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