Contrast the terms, Contrast the following terms:

Contrast the terms

Assignment Help Operation Management

Reference no: EM131720940

1. Explain the meaning of the following terms (as used in SAP ERP):

a. Planning Time Fence and Firming Type

b. In-House Production (Time)

c. Reservation

d. Backflushing

2. Contrast the following terms:

a. Variant BOM vs. Summarized BOM

b. Dependent Requirement vs. Independent Requirement

c. Scheduled Receipt vs. Planned Order

d. Safety Stock vs. Safety Lead Time

e. Forward Scheduling vs. Backward Scheduling

Reference no: EM131720940

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