1.Select three components of a warehouse management system and explain the importance of each.

2.What are the challenges in transporting products from overseas locations i.e. China to the U.S.?

3.How can a warehouse management system help reduce the problem associated with overseas transportation?

1.Select one industry from the list below: Bank, restaurant, health clinic/hospital, airline, or university.

2.What specific variables would be needed by that organization in order to forecast? Be sure you explain why you selected each variable and why it is important to forecasting.

3.Which variables are used for short-range forecasting, long-range forecasting, or for both. Make sure you support your selections.

With effective resource planning organizations can reduce inventory and service costs, improve efficiencies, and establish methods for continuous improvement. Depending upon the type of resource, there is a different type of planning that must take place. This can include material requirements planning (MRP), capacity requirements planning (CRP), enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), or product lifecycle management (PLM).

1. Based on your research, explain whether or not you believe ERP and MRP are the only resource planning processes applicable to manufacturing processes.
2. Can either ERP or MRP be used for service industries or can they only be used for manufacturing organizations?