Question

based on your calculations, what changes should you make to your inventory

Answer 1

Based on my calculations, it appears that we have excess inventory in certain items and shortages in others. To address this, we should consider decreasing the stock levels of the overstocked items and increasing the stock levels of the items in high demand. This will help to better balance our inventory levels and reduce the risk of holding excess inventory. Additionally, we should also consider implementing better forecasting methods to more accurately predict demand and adjust our inventory levels accordingly.