How does your organization manage inventory


Question 1: How does your organization manage inventory?

Question  2: How do costs affect inventory size?

Question  3: What two basic questions must be answered by an inventory-control decision rule?

Question  4: What impact will RFID have on the supply chain?

Question  5: What is the role of safety stock in a material requirement planning (MRP) system?

Question  6: What is the significance of lead-time in the traditional economic order quantity context?

Question  7: What is the significance of lead-time in an MRP system?

Question  8: What is the importance of the master production schedule in an MRP system?

Question  9: What is the importance of lead time in an order point system?

Question  10: What MRP concepts has your organization implemented? Were these implementations successful? Why or why not?

This has to be 350 to 400 words.

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