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What is the purpose of inventory in an organization? Share the impact poor inventory methods have on Operational excellence. MRP is a planning tool which
What is the purpose of inventory in an organization? Share the impact poor inventory methods have on Operational excellence. MRP is a planning tool which takes a firm supply and demand to create a master plan. Share your thoughts what inputs are needed to create a master plan using the MRP tool. What are the impacts of poor inventory methods on MRP accuracy? What can the Operations do to help increase MRP accuracy?
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