Explain the perpetual and the periodic inventory systems


Discussion:

MRP Inventory and Customer Service

1. Explain how MRP can decrease a company's inventory while improving its customer service level. Include a real-life example. You should be 200-250 words.

Perpetual versus Periodic Inventory Systems

Describe the perpetual and the periodic inventory systems. How are they different? Are there circumstances in which one system is better than the other? Include real-life examples. You should be 200-250 words

Recommended Resources

Multimedia

1. SAP (2013). SAP business management software solutions [Video file]. Retrieved from

https://www.sap.com/demos/mmov/presentation_2.htm?swf_Location=MMOV_Player_1_14.swf&xml_Location=MMOV_B1_MM1.xml&swf_height=450&swf_width=660

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