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Question 1 In a net change MRP system requirements and schedules are considered rigid and never updated.
Question 2 the customer grace period is a time-span having some specified level of opportunity for the customer to make changes.
Question 3 An output of MRP is a bill of materials (BOM) file.
Question 4 When implemented correctly, MRP links all areas of the business.
Question 5 The economic order quantity (EOQ) lot sizing technique uses the "square root formula" to balance set-up cost and carrying cost.
You know that our average weekly sales are $2,500 and the flow time is half day. Surely with this information, you should have no problem maintaining an inventory level of $400 to
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Risks identified in the project charter include events that if they occur will have either a positive or a negative effect on a project's objectives.
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