Describe the advantages of cycle counting over an annual


Question: 1. Describe the advantages of cycle counting over an annual physical inventory

2. Is it possible to control financial totals without physical control of materials in manufacturing?

3. A company president said his firm was too small to afford an MRP system. Discuss.

4. A materials manager said that her firm needed only an order-launching system. Should the loop be closed?

5. Describe how MRP concepts could be used for the following service operations: a. Hotel b. Legal office

6. How are MRP and ERP related?

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Marketing Management: Describe the advantages of cycle counting over an annual
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