Identify the critical role of inventory management for, Operation Management

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Identify the critical role of inventory management for

1. Identify the critical role of inventory management for balancing the investment costs with customer service. Identify and describe the four types of inventory.

2. Consider the planning process and structure for developing a master production schedule (MPS) and materials requirements planning (MRP). Identify the advances and integration effects of ERP.

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Operation Management: Identify the critical role of inventory management for

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