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12BM - U3 AOS3 KK5

Horizontales
To help remember the strategies related to materials, use a f___.
Materials r___ planning involves a business developing an itemised list of all the input materials involved in production that are needed to meet the orders set out in the master production schedule.
Materials requirement planning focuses on i___.
Materials h___ is the physical movement (ie, handling) of goods in warehouses and at distribution points.
F___ is a materials planning tool that involves a business using data from the past and present, and the analysis of trends, to attempt to predict future demand for the business’ products.
M___ management relates to organising and monitoring the storage, use and delivery of raw materials and component parts to ensure that the right amount of input materials are available when required by the business’ production process (ie, at the right time).
A business’ production r___ is the number of products that can be created by (ie, produced by) a business in a given time period.
A p___ plan is an outline of the activities undertaken to combine inputs (resources), in order to produce outputs (goods and/or services).
Verticales
Inventory c___ is a system used to ensure that the costs associated with maintaining an inventory of materials are kept to a minimum.
J___ I_ T___ is a system of inventory control that involves the correct type and quantity of raw materials and component parts arriving at the location where a business’ production process occurs at the moment when these input materials are needed for production (ie, just in time for production).
A master production schedule focuses on o___.
A master production s___ is a plan that sets out the types and quantities of outputs a business is going to produce, as well as how and when each output will be produced, in order to meet the forecasted demand for the business’ outputs.
I___ is property that is held in stock by a business.