The materials manager is very familiar with older material requirements planning (MRP) systems as well as more integrated manufacturing resource planning (MRPII) systems. In fact he is quite proud of the way the MRPII system works; his entire team has worked hard and has achieved schedule accuracy of over 98% and inventory accuracy of over 97%. He is also proud that as a result of this kind of change to the more modern MRPII systems the firms inventory turnover has improved from 2.1 to 4.2; quite an achievement in his eyes and the CEOs.He asked you to meet with his own materials management team to discuss the following specific points: