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Explain the inventory control models

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Reference no: EM132839431

DQ 1

Explain the three inventory control models and the driving factor in each model. Provide examples for each one using current companies.

Word count 150

DQ 2

Explain the difference between a materials requirement planning (MRP) and Master Production Schedule. Provide examples how each are applied in the supply chain.

Word Count 150

Verified Expert

This is an assignment performed on the inventory control models and other tools like the MRP and MPS. It provides explanations regarding these areas. It also provides examples from real situations where these models and tools are used. It explains the benefits of these tools and provides a comparison of one another.

Reference no: EM132839431

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