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1. What are the pros and cons of material management using: pouring as a process for your final product versus milling? List

1. What are the pros and cons of material management using:

 pouring as a process for your final product

 versus milling?

 List at least 3 pros and 3 cons for each and then discuss

2. What is the difference between FIFO and LIFO inventory management?

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1Pros Focus on core areas of value Where do you generate the most value in your business Its almost certainly not in managing your inventory of parts Every hour youre not focusing on those noncore are... blur-text-image

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