Question: What are the similarities between MRP and DRP
What are the similarities between MRP and DRP?
Answer to relevant QuestionsAs an approach to inventory management, how does MRP differ from the approach taken in Chapter 12, dealing with economic order quantities (EOQ)?Explain the terms flow times and lateness.Does lean production work in the service sector? Provide an illustration.What is the expected value of perfect information?When designing a waiting hue system, what “qualitative” concerns need to be considered?
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