Lead times, inventory availability, and bills of material are among the five things operations managers must know for effective use of dependent inventory models.
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Q12: Reduced inventory levels and faster response to
Q13: What is MRP? Identify four benefits from
Q14: "Phantom bills" are bills of material for
Q15: Which of the following is NOT a
Q16: Because MRP provides such a clean structure
Q18: Describe the role of record accuracy in
Q19: MRP is generally applicable to items with
Q20: A dependent demand item is so called
Q21: Firms making many different final products use
Q22: Bills of material organized by major subassemblies
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