Provide a full definition and explanation of MRP and its practical application.
Identify one large distributor such as Walmart, Costco, Sam’s Club, and one small distributor or mom-and-pop shop.
Explain the strategies utilized by a large distributor and a small distributor in context to an MRP.
Identify the variances and the requirements of an MRP.
Create a flowchart representing the acquisition of goods and products for both the large and small distributors