A buyer has notified the material planner that a purchase order required in period 2 will not be received until period 3, the first action the planner should take is to
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I. Engineer to Order
II. Make to Order
III. Assemble to Order
IV. Make to Stock
All of the following are order approaches for procurement and delivery of materials and services EXCEPT
When a parent code is entered and all its contents displayed would be called what?
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I. Delivery Documentation
II. Invoice
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For a service level of 98% and a MAD of 52, a lead time of 6 weeks with a forecast of 350 per week, what is the safety stock required?
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Michelle＇s diaper company is trying to determine the Target Inventory Level for their best selling diapers.
With the following information, what is the target inventory level?
Lead time = 2 weeks
Forecast = 40 per week
Review period = 4 weeks
Safety Stock = 50
What captures and defines the work activities, deliverables and timeline a vendor will execute against in performance of specified work for a customer?
