Assignment ObjectivesRank operations management and supply chain managementAnalyze inventory management concepts, and determine inventory quantities and ordering policiesRank applications of information technology: MRP and ERP systemsDeliverable Length: 5-7 pagesConsider the following scenario:As part of the management team for PPQ Parts manufacturing company, you are tasked with selecting the best software packages for the firms materials requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (ERP) needs.Use the Internet, course materials and web resources to research the pros and cons of six software systems designed to perform these functions. Then, write a 5 7 page Software Recommendations Report that you will submit to the chief executive.