Question: The class is Operations Management This weeks topic is The Inventory Management and Materials Requirements Planning Here is the question: The nice thing about inventory

The class is Operations Management

This weeks topic is The Inventory Management and Materials Requirements Planning

Here is the question:

"The nice thing about inventory models is that you can pull one off the shelf and apply it so long as your cost estimates are accurate. Provide commentary on this.

MRP just prepares shopping lists. It does not do the shopping or cook the dinner. Provide commentary on this.

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