Material Product System — (MPS) refers to the system of national accounts used in the former Soviet Union and the Eastern Bloc countries, as well as in China until 1993 Dr. Fengbo Zhang introduced the Western SNA system and GDP to China, . The MPS has now been replaced by … Wikipedia
Material requirements planning — (MRP) is a production planning and inventory control system used to manage manufacturing processes. Most MRP systems are software based, while it is possible to conduct MRP by hand as well. An MRP system is intended to simultaneously meet three… … Wikipedia
Material index — is a concept developed by Alfred Weber in his theory of least cost location. The point of optimal transportation based on the costs of distance to the material index – the ratio of weight to intermediate products (raw materials) to finished… … Wikipedia
Material Disclosure — is a software tool developed by Actio Corporation. The software tool aims to collect, parse and store information about product ingredients, primarily for Corporate Sustainability Reporting (CSR) and Compliance reporting to agencies such as the… … Wikipedia
Product data management — (PDM) is the business function within product lifecycle management that is responsible for the creation, management and publication of product data. Introduction Product data management (PDM) is focused on information relative to core operations… … Wikipedia
Material selection — is a step in the process of designing any physical object. In the context of product design, the main goal of material selection is to minimize cost while meeting product performance goals.[1] Systematic selection of the best material for a given … Wikipedia
Material product — is a category in Marxian economics and Soviet social accounting referring to the produced output of tangible material goods, including energy supplies and goods transport.[1] It contrasts with services and activities such as administration that… … Wikipedia
Material Requirements Planning — (MRP) is a software based production planning and inventory control system used to manage manufacturing processes. Although it is not common nowadays, it is possible to conduct MRP by hand as well.An MRP system is intended to simultaneously meet… … Wikipedia
Product life cycle management — is the succession of strategies used by management as a product goes through its product life cycle. The conditions in which a product is sold changes over time and must be managed as it moves through its succession of stages. Product life… … Wikipedia
product — prod·uct / prä ˌdəkt/ n 1: the result of work or thought 2 a: the output of an industry or firm b: a thing created by manufacturing 3 in the civil law of Louisiana: something (as timber or a mineral) that is derived from something else and that… … Law dictionary