Chapter 4: Q7OQ. (page 580)
What is the process used to ensure that all of the needs for a particular item are calculated at the same time in the MRP process?
Short Answer
Low-level coding
Chapter 4: Q7OQ. (page 580)
What is the process used to ensure that all of the needs for a particular item are calculated at the same time in the MRP process?
Low-level coding
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Get started for freeDiscuss the nature of the costs that affect inventory size. For example a. How does shrinkage (stolen stock) contribute to the cost of carrying inventory? How can this cost be reduced?
Logic is used to calculate the needed parts, components, and other materials needed to produce an end item.
Question: Let’s say you work for a company that makes prepared breakfast cereals like corn flakes. Your company is planning to introduce a new hot breakfast product made from whole grains that would require some minimal preparation by the consumer. This would be a completely new product for the company. How would you propose forecasting initial demand for this product?
This identifies the specific materials used to make each item and the correct quantities of each.
Question: When overtime is used to meet demand and avoid the costs associated with hiring and firing.
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