Materials Management
Materials management is the process in which materials are converted into final goods. There is an important relationship between material requirements planning, capacity planning, and inventory management. Analyze these relationships and provide examples from professional experience and/or text examples to support your views.
……………Answer Preview……………Every company develops a program that would best fit into its manufacturing processes decreasing the flaws that are experienced during manufacturing as well as acting a key indicator of any mishaps during manufacturing. The program is mainly influenced on how well material requirements planning, capacity planning, and inventory management relationships integrate into each as each plays a key role during manufacturing. Capacity planning is the science and art of estimating the space, computer hardware, software and connection infrastructure resources that will be needed over some future period of time (Capacity Planning and Management).
Through putting all these system together the company………………
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