You are one of the material requirement planners at a local factory. You have a gross requirement of 200 pieces of Part Number 40. Your company follows the lot-for-lot replenishment system, i.e., you need to buy only the required quantity. The factory has some on-hand inventory of part number 40. How are you going to find out the net quantity to be ordered?

Answer rating: 100% (QA)

To find the net quantity to be ordered using the lotforlot replenishment system foll... View the full answer