Review of Core Concepts
Part1
The relationship between capacity requirements planning and resource planning is similar to the relationship between ____.
a. the dispatch list and material requirements planning
b. input/output control and capacity requirements planning
c. material requirements planning and sales and operation planning
d. the master production schedule and the sales and production plan
Part2
Which of the following is a characteristic of the JIT/Lean philosophy?
I. Inventories are an asset.
II. Workers are an asset.
III. Vendors are co-workers, essentially other departments of our organization
IV. Technologies and automation are more important than people
Which combination of statements are true?