Order Description

Chapter 21: Discussion Question 12

Planning orders on a lot-for-lot 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?

Chapter 21: Discussion Question 9

Many practitioners currently update MRP weekly or biweekly. Would it be more valuable if it were updated daily? Discuss.