Question: Chapter 1 2 - What are the primary reasons for holding inventories? Please list and describe the four ( 4 ) main costs associated with

Chapter 12- What are the primary reasons for holding inventories? Please list and describe the four (4) main costs associated with inventories. Imagine that you are a manager at a supermarket, how could evaluate criticalness of an inventory shortage? As an inventory manage, what would you usethe single-period model for? Please share with us what do you know about the use of inventory management system at your workplace, or your voluntary place. +++++++++++++++++++++++++++++ Chapter 13 As newly hired manager, you are asked to please list and explain the three (3) main reasons why your company/firm should adopt ERP (Enterprise Resource Planning). Please list some of the hidden costs associated with ERP (Enterprise Resource Planning). As newly hired manager, you are asked to list some of the main advantages and disadvantages to MRP (Material Requirements Planning) system?+++++++++++++++++++++++++++++ Reflection---- Please tell us what did you learned and/or found interesting from completing this assignment. Did you learn anything that you could use and/or benefit you in the future?

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