Question: Dependant inventory models require that operations manager know nVe con which of the following is NOT included: a) Bill of material (BOM) b) Purchase orders

Dependant inventory models require that operations manager know nVe con which of the following is NOT included: a) Bill of material (BOM) b) Purchase orders outstanding c) Master production schedule (MPS) d) Lead times O e) Distribution resource planning (DRP) The purpose of safety stock is to: lead-time b) Protect the firm from a sudden decrease in demand c) Replace failed units with good ones d) Eliminate the likelihood of a stockout due incorrect inventory rece ich of the following is specifically characterized by a focus on Improvement, respect for people, and standard work practices? a) Just-in-time (JIT) b) Material requirements planning (MRP) c) Toyota Production System (TPS) d) Lean operations Dependant inventory models require that operations manager know nVe con which of the following is NOT included: a) Bill of material (BOM) b) Purchase orders outstanding c) Master production schedule (MPS) d) Lead times O e) Distribution resource planning (DRP) The purpose of safety stock is to: lead-time b) Protect the firm from a sudden decrease in demand c) Replace failed units with good ones d) Eliminate the likelihood of a stockout due incorrect inventory rece ich of the following is specifically characterized by a focus on Improvement, respect for people, and standard work practices? a) Just-in-time (JIT) b) Material requirements planning (MRP) c) Toyota Production System (TPS) d) Lean operations

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