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1) Discuss the meaning of MRP such as planned order release and scheduled order receipts?
2) Many practitioners currently update MRP weekly or biweekly. Would it be more valuable if it were updated daily? Discuss.
3) What is the role of safety stock in an MRP system?
What are the features of dynamic purchasing? How it''s affects the store keeping and warehousing?
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Why does volatility of demand have a higher effect on a service delivery system than on a manufacturing system?
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