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.————————————Required ResourcesTextVonderembse, 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 ManagementRecommended ResourcesMultimediaJuly, 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 Systemhttps://fod.infobase.com/PortalPlaylists.aspx?wID=100753&xtid=34961o Security in Flower Transportationhttps://fod.infobase.com/p_ViewVideo.aspx?xtid=34961o Transporting Fresh Flowershttps://fod.infobase.com/p_ViewVideo.aspx?xtid=34961SAP. (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
