Management

Enterprise resource planning- paraphrasing
1.How is the concept of Postponement reduces the complexity of forecasting and reduces inventory requirements?

2.Explain how the difference in how finished goods are used between level scheduling and traditional MRP scheduling.

3.Explain how the use of common components for finished assemblies reduces purchasing costs and reduces risk of poor
forecasting.

4.How DOES Standard Work shortens the time required to become proficient at a task?