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Explain how mrp can decrease company inventory

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Reference no: EM132844061

Question 1.

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

Question 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.

Reference no: EM132844061

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