Describe the perpetual and the periodic inventory systems. How are they different?

Week 5 DQ 1 MRP Inventory and Customer Service

Materials Requirements (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 initial post should be 200-250 words.

 

Week 5 DQ 2 Perpetual versus Periodic Inventory Systems

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.Initial post should be between 200-250 words.