Question: 4. Which one below is NOT a critical input for Material Requirement Planning (MRP). A) Inventory status. B) Bill of material. C) Master production schedule.

4. Which one below is NOT a critical input for Material Requirement Planning (MRP). A) Inventory status. B) Bill of material. C) Master production schedule. D) None of them. 5. Choose one inventory control model to solve the problem below (No need to solve the problem, only select the correct model) Leily is ordering bags for a conference. She will sell each bag for $4 at the conference. Consider the various expenses, each bag costs her $2 to purchase, and she can purchase any quantity. During the conference, based on past sales history, the demand for conference bags is found to be normally distributed with mean 40 and standard deviation 10. If any bags are left at the end of the conference, they can be sold at other conferences for $1 each. If Leily sells out, she closes shop and calls it a day. A) Newsvendor model B) Quantity discount model - All-units discount C) Basic EOQ model D) (Q, R) operating policy. E) (Q, R) for type I service level. F) EOQ models with finite production rate

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