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a) Complete the inventory record below for an FOQ of 100 units.
b) Talk about weaknesses of MRP. List at least 3 and describe each in a sentence or two.
Item: A
Lot Size: 100 units
Lead Time: 2 weeks
Week
1
2
3
4
5
6
7
8
Gross Requirements
95
50
85
75
80
60
45
90
Scheduled Receipts
100
Projected On-hand Inventory 20
Planned Receipts
Planned Order Releases
Correlation and Regression Correlation CORRELATION is an important statistical concept which refers to association or interrelationship among variables. The reasons of
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a. Random or probability sampling methods they involve: Simple random sampling Systematic sampling Stratified sampling Multi stage sampling b.
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