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Answer Posted / skvell
Consumption-based planning is based on past
consumption-values, statistical procedures for future
requirements. It’s to avoid the shortfall in requirement
determined from reorder point or forecast requirement.
Difference between MRP and Consumption-based planning, MRP
Planning based on gross requirement through the Bill of
Materials, Consumption-based planning based on past
consumption-values.
| Is This Answer Correct ? | 23 Yes | 1 No |
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