Perpetual versus Periodic Inventory Systems.
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.
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Required Resources
Text
Vonderembse, M. A., & White, G. P. (2013). Operations management [Electronic version]. Retrieved from https://content.ashford.edu/
• Chapter 9: Planning for Material and Resource Requirements
• Chapter 10: Inventory Management
Recommended Resources
Multimedia
July, E. (Producer) & Rodrigo, J. M. (Director). (2003). Business is blooming: The international floral industry (Links to an external site.) [Video file]. Retrieved from the Films On Demand database.
• Watch the following segments:
o Night Delivery System
https://fod.infobase.com/PortalPlaylists.aspx?wID=100753&xtid=34961
o Security in Flower Transportation
https://fod.infobase.com/p_ViewVideo.aspx?xtid=34961
o Transporting Fresh Flowers
https://fod.infobase.com/p_ViewVideo.aspx?xtid=34961
SAP. (2013). SAP business management software solutions (Links to an external site.) [Video file]. Retrieved from http://www.sap.com/demos/mmov/presentation_2.htm?swf_Location=MMOV_Player_1_14.swf&xml_Location=MMOV_B1_MM1.xml&swf_height=450&swf_width=660
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