Explain the relationships between Forecasting and Inventory Management to a new (non perishable) consumer retail business in your city that has about 2 million residents. The company will employ about 100 people to start out. What do they need to understand?

Answer rating: 100% (QA)

Forecasting and inventory management are crucial aspects of running a consumer retail business and understanding their relationship is essential for efficient operations Heres an explanation of how th... View the full answer