Question: 1. What do you understand by dependent demand as compared to independent demand? . 3. What are the goals and objectives of MRP? 4. What

1. What do you understand by dependent demand as compared to independent demand?

. 3. What are the goals and objectives of MRP?

4. What do you understand by MPS?

5. What do you understand by the BOM?

6. Explain your understanding of ISF.

7. How does ERP differ from MRP?

8.What are the various business areas incorporated with MRP ?

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