One point of clarification perhaps worth making is that atomic base parts need not, and in most contexts will not, necessarily be physically atomic. In the manufacturing company in which I worked early in my career a distinction was made between production inventory and general inventory. The base parts of the former were small assemblies which were ordered in as such, not as their constituent parts. These would be the smallest components in any bill of materials. General inventory comprised everything else used in the day to day operation of the company, and was subject to normal inventory management.