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1) There are four types of products and services that are purchased with varying degrees of importance. Name all four and discuss in terms of

1) There are four types of products and services that are purchased with varying degrees of importance. Name all four and discuss in terms of risk and value

2) Discuss the differences between centralized and decentralized inventory

3) For MRP to provide effective planning knowledge, three sets of information are needed. List and describe them

4) List 3 possible results of inaccurate inventory records

5) There are two types of demand, What are they, and how do they influence the supply chain?

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