Question: Chapter 15: Resource Planning (MRP) MRP1: Describe an MRP-Based Operating System Philosophy. Insert your answer here. MRP2: For an industry you are interested in, select

Chapter 15: Resource Planning (MRP) MRP1:
Chapter 15: Resource Planning (MRP) MRP1: Describe an MRP-Based Operating System Philosophy. Insert your answer here. MRP2: For an industry you are interested in, select a specific firm, and provide an example of an MRP- Based Philosophy. 1. Industry: 2. Specific Firm: 3. Implementation of MRP Philosophy: MRP3: Describe why a classical or EOQ-based approach to inventory management is inappropriate in a situation of dependent or lumpy demand. Insert your answer here. MRP4: How does ERP fit in to MRP? Insert your answer here. Chapter 16: Lean Systems (JIT) JIT1: Describe a JIT (Lean)-Based Operating System Philosophy. Insert your answer here. JIT2: For an industry you are interested in, select a specific firm, and identify how you would implement a lean philosophy in managing its primary operating system. 1. Industry: 2. Specific Firm: 3. Implementation of Lean Philosophy: JIT3: Describe how the classical EOQ relationship between inventory carrying and ordering cost works under a lean philosophy, so that the correct answer to optimal Q becomes one or the minimum needed. Insert your answer here. JIT4: For an industry you are interested in, select a specific firm, and describe specifically, how using the same example you used in the MRP1 question, using a lean philosophy (Chapter 16) in managing its primary operating system would differ from using an MRP philosophy (Chapter 15). 1. Industry 2. Specific Firm: 3. Example Using MRP: 4. Example Using Lean/JIT: 5. How they are different JITS: Discuss 1) similarities and 2) differences between lean and MRP production systems in terms of operating systems philosophies. 1. Similarities: 2. Differences

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