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Material requirements planning. Material requirements planning ( MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes. Most MRP systems are software -based, but it is possible to conduct MRP by hand as well. An MRP system is intended to simultaneously meet three objectives:
Federal Acquisition Regulation. The Federal Acquisition Regulation ( FAR) is the principal set of rules regarding Government procurement in the United States, [1] and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1. It covers many of the contracts issued by the US military and NASA, as well as US civilian ...
Purveyance. Purveyance was an ancient prerogative right of the English Crown to purchase provisions and other necessaries for the royal household, at an appraised price, and to requisition horses and vehicles for royal use. [1] It was finally abolished in 1660.
A request for quotation ( RfQ) is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services. RfQ generally means the same thing as Call for bids (CfB) and Invitation for bid (IfB). [1] An RfQ typically involves more than the price per item.
The Tariff Act of 1789 imposed the first national source of revenue for the newly formed United States. The new U.S. Constitution ratified in 1789, allowed only the federal government to levy uniform tariffs. Only the federal government could set tariff rates (customs), so the old system of separate state rates disappeared.
The Spanish Requirement of 1513 ( Requerimiento) was a declaration by the Spanish monarchy, written by the Council of Castile jurist Juan López de Palacios Rubios, of Castile 's divinely ordained right to take possession of the territories of the New World and to subjugate, exploit and, when necessary, to fight the native inhabitants.
The Twelfth Amendment to the United States Constitution takes effect, June 15, 1804. Battle of Sitka, October 1804. The Territory of Orleans is organized and the District of Louisiana is created, October 1, 1804. The Territory of Michigan is organized, June 30, 1805.
Military acquisition. Military acquisition or defense acquisition is the " bureaucratic management and procurement process", [1] dealing with a nation 's investments in the technologies, programs, and product support necessary to achieve its national security strategy and support its armed forces. Its objective is to acquire products that ...