Inventories help balance the firm's supply with the market forces of demand.
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Q11: Inventory counts can be 90% accurate and
Q12: MRP logic is based on dependent demand.
Q13: JIT can be used in most manufacturing
Q14: Detailed production scheduling comes after the release
Q15: The Master Production Schedule (MPS)is developed directly
Q17: Aggregate planning and master scheduling rely on
Q18: MRP and ERP systems are one in
Q19: Reporting and monitory production status requires constant
Q20: Just-In-Time (JIT)production planning has as its basic
Q21: A good example of independent demand is
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