socialism
The master production schedule “drives” the system. It states the planned due dates for end items. Material requirements planning computer runs, however, involve an iterative process. The master production schedule “proposes” or “hypothesizes” a tentative schedule. After the MRP run with this schedule, the shop scheduler examines the MRP plan for impractical loads on the productive system—either by stating excessive demands on personnel or equipment, or in excessive idle time. Then the master production schedule is revised and the program is run again.
Planned receipt is the receipt against a planned order yet to be released.Scheduled receipt is the receipt against a released order.Say the lead time for receipt of material X is 4 weeks from the date of order release and we are in week 10.If an order was released in week 8, its scheduled receiptwill be in week 12.Basis the consumption, current stocks, scheduled receipts and lead time, if a planner plans a order to be released in week 11, its delivery will be in week 15.This receipt in week 15 is the planned receipt (the order is planned but not released)
accounting system
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Spending more than planned (Budgeted for) for a specific purpose.
socialism
Socialism (A+)
Socialism
Socialism
Socialism (A+)
Socialism (A+)
An economic system in which the government controls and regulates production, distribution, prices, etc.
Centrally Planned Economies are typical of totalitarian countries such as Cuba, North Korea. The econonomic theory behind these governments is usually a form of Marxism.
The government places much emphasis on the production of consumer products.
Everything linked to money and production. Firms, taxes are some examples.
The government places much emphasis on the production of consumer products.
The government places much emphasis on the production of consumer products.