Describe the perpetual and the periodic inventory systems


Discussion Post

o Should a firm attempt to have fewer or more suppliers? What are the advantages and disadvantages of each approach?

o How is process selection related to product design and capacity determination?

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

o 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.

o Choose companies or industries for which JIT (Just In Time) would be totally inappropriate? Explain your reasoning with examples.

o Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Supply Chain Management: Describe the perpetual and the periodic inventory systems
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