Supply Chain Glossary - A

Supply Chain Glossary - A

acquisition cost

The cost required to obtain one or more units of an item. It is order quantity times unit cost. See: ordering cost.

An output of a system that identifies the need for and the type of action to be taken to correct a current or potential problem. Examples of action messages in an MRP system include release order, reschedule in, reschedule out, and cancel. Syn: exception message, action report.


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