1. 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 200-250 words.
2. Choose companies or industries for which JIT would be totally inappropriate? Explain your reasoning with examples in 200-250 words.
3. Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines. Your explanations and examples should be 200-250 words.