Products for which demand is predictable

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Products for which demand is predictable and relatively stable are called staples. Products for which demand is unpredictable and which have relatively short life cycles are referred to as innovative products. Identify examples of staples and innovative products and explain whether MRP-II or JIT manufacturing is appropriate for each type of product. What other implications does the type of product have on the value chain activities of inbound logistics, production, and outbound logistics?

Reference no: EM1337076

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