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Q: What is Inventory in a Production system?
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Related questions

What is the core competency for Toyota?

Their production system the Toyota way- milkrun system and the JUST IN TIME system of inventory management


What is Positioning of production system in manufacturing and services?

Positioning the production system in manufacturing means selecting the type of product design, type of production processing system and the type of finished goods inventory policy for each major product line in the business plan.


History of inventory system?

The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.


What is NEPA inventory system?

nepa inventory system


Discuss the features of computer based inventory system?

COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM


MRP is more than an inventory system.What additional capabilities does MRP possess?

Materials resource planning (MRP) is a system that uses bill-of-material, current inventory levels, expected receipts of inventory, and a master production schedule to determine material requirements. When MRP is used correctly a manufacturing company will have the right inventory on hand at the correct time to ensure the master production schedule will be fulfilled.


What is merchandise inventory system?

Merchandise inventory:


How do you ask questions regarding inventory system?

what are the possible questions for inventory system?


What methods do not require a physical inventory periodic inventory system perpetual inventory method retail method or gross profit method?

periodic inventory system


What are the disadvantages of a periodic inventory system?

The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.


What are the disadvantages of periodic inventory system?

The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.


How is IT useful in Inventory control system?

to practice he/she's knowledge how to use the inventory system