How mrp can decrease a company inventory


Discuss below in a 250 words each:

MRP Inventory and Customer Service

Q1: Explain how MRP can decrease a company's inventory while improving its customer service level. Include a real-life example.

Perpetual versus Periodic Inventory Systems

Q2: 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.

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