Explain the fundamental concept behind materials, Operation Management

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Explain the fundamental concept behind materials

Explain the fundamental concept behind materials requirement planning (MRP) with the meal planning example.

Explain the 2 types of demand inventory.

What is queue time and why is it important?

Explain the concept of planned order release. Why is it is important?

Explain pegging.

What should be the minimal planning horizon?

Explain ERP (enterprise resource planning).

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Operation Management: Explain the fundamental concept behind materials

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Operation Management: Explain the fundamental concept behind materials

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