MRP and MPS are industry terms for material requirements planning and master production schedule. MRP determines how much material to order, while MPS determines when materials will be used. MRP uses BOM and inventory to decide which materials to order, while MPS shows the timing of the production schedule. They work together to ensure maximum […]
The UK Chancellor of the Exchequer delivers an annual budget statement to Parliament, and is allowed to have a drink during the speech. Speculation over the drink choice is part of an old tradition, but recent chancellors have opted for water. Smoking is banned in the House of Commons. Each year, the Chancellor of the […]
Managed print services involve outsourcing document printing or printing machines, which can be organized in various ways. Benefits include reducing labor and costs. Companies may choose to rent rather than purchase machines, and service contracts can include toner supply and regular maintenance. Centralized printing areas may offer additional services. Managed print services refer to the […]
