Question: Doing a research proposal with the topic: Optimizing inventory management through data analytics in a pharmaceutical company. Help with abswering the following: 1 . Research
Doing a research proposal with the topic: Optimizing inventory management through data analytics in a pharmaceutical company. Help with abswering the following:
Research problem statement: should be a sentence or paragraph, briefly explain the background of the problem, area of concern, what needs justfy the research, indicate why you believe that it is in fact, a researchable problem.
Research objectives objectives: list research objectives fundamental to the research, what are the practical reallife problems faced with that topic. Here are the ones i came up with, are they appropriate, if not please provide some or edit the ones i already have: To reduce excess inventory, To reduce stockouts and understocking,
Improve accurate demand forecasting, To evaluate currrent inventory management practices at the company.
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