1. What trade-offs are involved in the decision to purchase an ERP software package?
2. What is lot sizing, what is its goal, and why is it an issue with lumpy demand?
3. Contrast planned-order receipts and scheduled receipts.
4. If seasonal variations are present, is their incorporation into MRP fairly simple or fairly difficult? Explain briefly.
5. How does the purpose of ERP differ from the purpose of MRP II?
6. What are some unforeseen costs of ERP?