what is the consumption based planning ?

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what is the consumption based planning ?..

Answer / sakthi dharan d

Based on historical consumption of data and uses forecasts and statistical method to find future requirements.

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what is the consumption based planning ?..

Answer / shailesh patil

It uses the past consumption data to calculate the future requirement. It has no relation with the independent or dependent requirement instead it is triggered when the stocks falls below the reorder point or by forecast requirement.

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