Question: Question 2. [Marks: 12.5] a) Compare among MRP, MPS and MRP-II. [2.5] b) c) How do you distinguish between capacity and utilization? Compare positive capacity

Question 2. [Marks: 12.5] a) Compare among MRP,

Question 2. [Marks: 12.5] a) Compare among MRP, MPS and MRP-II. [2.5] b) c) How do you distinguish between capacity and utilization? Compare positive capacity cushion [4] and negative capacity cushion with examples. The requirements of local motor bikes for a company are given as [25,5,25,30, 20] for week [6] 1, 2, 3, 4 and 5 respectively. If the setup costs and holding costs assumed at $80 and $1 /unit/week respectively, find the lot sizing using both Silver Meal and LUC Heuristics

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