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(a) Distinguish FOUR (4) types of inventory in a manufacturing company. ( 8 marks) (b) Differentiate Material Resource Planning (MRP) and Enterprise Resource Planning (ERP).

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(a) Distinguish FOUR (4) types of inventory in a manufacturing company. ( 8 marks) (b) Differentiate Material Resource Planning (MRP) and Enterprise Resource Planning (ERP). ( 6 marks) (c) ABC Sdn. Bhd. is a manufacturing company selling its burger pies in batches. The company produces the burfer pies at a rate of 1650 cases per day. The daily demand for the burger pies is at a steady rate of 250 cases per day. The set up cost, cleanup, idle time in transition from other products to the burger pies is RM320.00. The annual holding costs are RM11.50 per case. Assume 250 days per year. (i) Calculate the optimal quantity per production run. (ii) Calculate the number of production runs per annum. (iii) Determine the maximum inventory. (iv) Determine the total inventory-related (setup and carrying) costs per annum. (10 marks)

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