Question: Supply Chain management Question 1 a)What is the difference between EOQ and MRP? b)What are the inputs and outputs in MRP? Question 2 What

Supply Chain management

Question 1

a)What is the difference between EOQ and MRP?

b)What are the inputs and outputs in MRP?

 

Question 2 

What is the definition of the following terms in SCM:

a)Out of Stock 

b)Ordering in Stock Management

c)Reorder Point

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