Contrast the following, 1 explain the meaning of the following terms as used in sap erpa, Operation Management

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Contrast the following

1. Explain the meaning of the following terms (as used in SAP ERP):

a. Planning Time Fence and Firming Type

b. In-House Production (Time)

c. Reservation

d. Backflushing

2. Contrast the following terms:

a. Variant BOM vs. Summarized BOM

b. Dependent Requirement vs. Independent Requirement

c. Scheduled Receipt vs. Planned Order

d. Safety Stock vs. Safety Lead Time

e. Forward Scheduling vs. Backward Scheduling

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Operation Management: Contrast the following

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Operation Management: Contrast the following

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