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what is the consumption based planning ?
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Answer / sakthi dharan d
Based on historical consumption of data and uses forecasts and statistical method to find future requirements.
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / shailesh patil
It uses the past consumption data to calculate the future requirement. It has no relation with the independent or dependent requirement instead it is triggered when the stocks falls below the reorder point or by forecast requirement.
| Is This Answer Correct ? | 0 Yes | 0 No |
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