Discussion Post
Part A: MRP Inventory & 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 words.
Part B: Forecasting Methods
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 initial post should be 200 words.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.
Required Resources
Text
Vonderembse, M. A., & White, G. P. (2013). Operations management [Electronic version].
o Chapter 9: Planning for Material and Resource Requirements
o Chapter 10: Inventory Management
Multimedia
July, E. (Producer) & Rodrigo, J. M. (Director). (2003). Business is blooming: The international floral industry [Video file]. Retrieved from the Films On Demand database.