Chapter 4: Q2OQ (page 580)
MRP is based on what type of demand?
Dependent demand
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What are the advantages and disadvantages of aggregating demand from a forecasting view? Are there other things that should be considered when going from multiple DC’s to one DC?
What are the four main functions within SAP’s supply chain software?
Planning orders using a lot-for-lot (L4L) technique is commonly done because it is simple and intuitive. It also helps to minimize holding costs as you are only ordering what is needed when it is needed. So far it sounds like a good idea. Are there any disadvantages to this approach?
Contrast the significance of the term lead time in the traditional EOQ context and an MRP system.
Your forecast is, on average, incorrect by about 10 percent. The average demand is 130 units. What is the MAD?
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