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Economics

Question about Safety Stock

1. Is Safety Stock required in an MRP system? Why?

2. Does using JIT negate the use of an MRP system? Why?

3. Most practitioners currently update MRP weekly or biweekly. Would it be more valuable if updated daily, or even on a real-time basis? Explain why.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9214552

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