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    Lean Materials Management

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    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.

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    From my experience managing a Tire production facility there is an important interrelationship between material requirements planning, capacity planning, and inventory management. Materials requirements planning is related to capacity planning due to the fact that the amount of materials that would be required would be based upon the capacity of this organization to produce tires from these materials, which will require that there be an adequate amount of ...

    Solution Summary

    The solution discusses the relationship between material requirements planning, capacity planning, and inventory management.

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