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the recommended order quantity at the beginning of a period; the backordered demand at the end of a period; the on-hand inventory at the end of a period; DRP needs the following information: the demand in a future period; the scheduled receipts at the beginning of a period; the on-hand inventory at the beginning of a period
There is no delay in the timeliness of the information provided. Real-time data is often used for navigation or tracking. [1] Such data is usually processed using real-time computing although it can also be stored for later or off-line data analysis. Real-time data is not the same as dynamic data. Real-time data can be dynamic (e.g. a variable ...