Briefly define the following six terms as they apply to MRP.
1.Parent
2.Gross Requirement
3.Scheduled Receipt
4.Planned Order Release
5.Lot-size
6.Projected on Hand Inventory

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The Answer of Briefly define the following six terms as they apply to MRP.
1.Parent
2.Gross Requirement
3.Scheduled Receipt
4.Planned Order Release
5.Lot-size
6.Projected on Hand Inventory

Briefly Define the Following Six Terms as They Apply to MRP