Discussion Post
• What is the difference between a gross requirements plan and a net requirements plan?
• Once a material requirements plan (MRP) has been estab-lished, what other managerial applications might be found for the technique?
• What are the similarities between MRP and DRP?
• Which is the best lot-sizing policy for manufacturing organi-zations?
• Master schedules are expressed in three different ways depending on whether the process is continuous, a job shop, or repetitive. What are these three ways?
• What is the rationale for (i) a phantom bill of material, (ii) a planning bill of material, and (iii) a pseudo bill of material?
• What are the distinctions between MRP, DRP, and ERP?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.