Why do manufacturing businesses generally need to account for material resources planning, beyond tracking inventory?

1. What is the benefit of having a perpetual vs. a periodic inventory system? Why might some businesses need to use one over the other?
2. Why do businesses need to prepare a plan for purchasing materials for production? How does this tie into cash flow projections?

Answer rating: 100% (QA)

Answer 1BENEFITS OF RESOURCE MANUFACTURING PLANNING Manufacturing resource planning especially as performed by integrated APS systems optimizes the ti... View the full answer