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?