1. Describe the advantages of cycle counting over an annual physical inventory 2. Is it possible to control financial totals without physical control of materials in manufacturing? 3. A company president said his firm was too small to afford an MRP system. Discuss. 4. A materials manager said that her firm needed only an order-launching system. Should the loop be closed? 5. Describe how MRP concepts could be used for the following service operations: a. Hotel b. Legal office 6. How are MRP and ERP related?
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