Question: ( 2 1 . ) Why does materials management differ in principle from labor and equipment management? Briefly explain the concept of materials management. 2

(21 .)

Why does materials management differ in principle from labor and equipment management? Briefly explain the concept of materials management.

22 .

What are the main objectives of materials management?

23 .

What types of costs are associated with materials management?

24 .

Materials management is a balance between two extreme theories. Explain this statement, mentioning the factors that influence your decision to lean more toward one theory than the other.

(21.) Why does materials management differ in principle from labor and

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