Solved: Is safety stock required in an mrp system, Macroeconomics

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Is safety stock required in an mrp system

Question 1. Is Safety Stock required in an MRP system? Why?

Question 2. Does using JIT negate the use of an MRP system? Why?

Question 3. Most practitioners currently update MRP weekly or biweekly. Would it be more valuable if updated daily, or even on a real-time basis? Explain why.

Paper should include a title page, writing, and a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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