Assignment:
Part 1
MRP Inventory and Customer Service
- Explain how MRP can decrease a company's inventory while improving its customer service level.
- Include a real-life example. Your answer must be 200 to 250 words.
Part 2
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. Your answer must be 200 to 250 words.
Course Text
Vonderembse, M. A., & White, G. P. (2013). Operations management. San Diego, CA: Bridgepoint Education, Inc.