Distribution: inventory and transport - distribution requirements planning (DRP-I)
4 important questions on Distribution: inventory and transport - distribution requirements planning (DRP-I)
What is the purpose of DRP-I?
What are the three most important characteristics of inventory replenishment systems?
2. The systems only determine when an order should be placed, not when the goods are actually needed
3. The systems do not anticipate or warn about fluctuation in demand
What causes the multiplier effect?
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What is dependant depend an independant demand?
Independent demand is the demand that is not dependant on orders/ demand in a previous link but is determined by the final consumer, or future demand that is forecasted.
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