How much safety stock should be carried in an MRP system? What is the role of safety stock in MRP systems? Where should safety stock be carried?
Answer to relevant QuestionsHow do changes such as demand changes, new pollution control laws, the changing value of currency, and price changes affect operations? Name specific impacts on operations and the supply chain for each change. For the organizations listed in question 7, describe the inputs, transformation process, and outputs of the production system. In question 7 Describe the nature of operations management in the following organizations. In ...Give three examples of supply chains that compete with each other. In each case determine the basis of competition between the supply chains (e.g., imitative or innovative product). Describe the advantages of cycle counting over an annual physical inventory. The BOM for product A is given below: Assume the master schedule calls for 200 units of product A in week 5 and 250 units in week 6. a. Develop a materials plan for this product. b. What actions should be taken ...
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