A good example of independent demand is retail inventory.
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Q16: Inventories help balance the firm's supply with
Q17: Aggregate planning and master scheduling rely on
Q18: MRP and ERP systems are one in
Q19: Reporting and monitory production status requires constant
Q20: Just-In-Time (JIT)production planning has as its basic
Q22: The ABC Analysis uses the 80-20 concept
Q23: Flow control inventory systems work best in
Q24: In reorder point inventory systems,safety stock is
Q25: The basic weakness of the EOQ concept
Q26: Just-In-Time (JIT)inventory seeks to match factory output
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