Question 1: How does your organization manage inventory?
Question 2: How do costs affect inventory size?
Question 3: What two basic questions must be answered by an inventory-control decision rule?
Question 4: What impact will RFID have on the supply chain?
Question 5: What is the role of safety stock in a material requirement planning (MRP) system?
Question 6: What is the significance of lead-time in the traditional economic order quantity context?
Question 7: What is the significance of lead-time in an MRP system?
Question 8: What is the importance of the master production schedule in an MRP system?
Question 9: What is the importance of lead time in an order point system?
Question 10: What MRP concepts has your organization implemented? Were these implementations successful? Why or why not?
This has to be 350 to 400 words.