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

THESE ARE TWO SEPEARATE ASSIGNMENTS PLEASE SEPERATE THE TWO FROM EACHOTHER WHEN WRITING THEM USE THE QUESTION AS A HEADLINER TO SEPERATE THE TWO ASSIGNMENTS…BOTH ASSIGNMENTS MUST BE 400 WORD COUNT….ANY OUTSIDE SOURCES MUST BE PROPERLY CITED IN APA FORM WITH AN REFERENCE PAGE….THE SOURCES MUST BE FROM SCHOLARLY ARTICLES

ASSIGNMENT 1

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

Assignment 2

2. 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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