Problem 1:
(a) Describe the main features of an MRP system.
(b) Show the circumstances in which MRP would be most appropriate.
Problem 2:
Describe the impact of stores layout on the total operating costs of a warehouse. What factors should be considered when designing an appropriate layout of a warehouse?
Problem 3:
(a) Compare dependent and independent demand items.
(b) Discuss an appropriate approach to inventory management for each class of demand.