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Question 4 5 points Part (A) (3 Points): To control the inventory, organizations have three alternate approaches: Economic Order Quantity (EOQ), Materials Requirements Planning (MRP)

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Question 4 5 points Part (A) (3 Points): To control the inventory, organizations have three alternate approaches: Economic Order Quantity (EOQ), Materials Requirements Planning (MRP) and Just-in-Time (JIT). Discuss those three approaches identify the goal of each one? And how the organization can achieve such a goal? Part (B) (2 Points): Some threats could be happened in the production cycle, one of them is over or under production threat. Discuss two problems and two controls related to this threat. For the toolbar, press ALT+F10 (PC) or ALT FN+F10 (Mac) Y V 10pt BIUS Anal Paragraph EE xx EY E- A L I XOQ 11 BO 83 29 PE= CH HE D (1) TOSHIBA - 4 t *** BE30

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