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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?
Herman Hahn is attempting to set up an integrated forecasting and inventory control system for his hardware store, Hahn's Hardware. When Herman indicates that outdoor lights are a
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Distinguish between pure and mixed strategies in production planning. Provide examples of each strategy.
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write a list of elements that should be included in an operations strategy for global tel
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Solve the following problem using either the graphical or the simplex LP method. Max: 2X1 + 6X2 s.t. 2X1 + 2X2 ? 10 1X1 + 4X2 ? 8 X1, X2 > 0
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