Differentiate between a push and a pull production system

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Question 1. What are the assumptions of the basic EOQ model and to what extent do they limit the usefulness of the model?

Question 2. Explain in general terms how a safety stock level is determined using customer service levels.

Question 3. What are the objectives of an MRP system?

Question 4. How does MRP II differ from MRP?

Question 5. What is the purpose of JIT?

Question 6. Differentiate between a push and a pull production system.

Reference no: EM132717605

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