Questions to answer at the beginning, then add more information based on the video lecture. 1. Select a business that interests you. You must set a sales price 2. You must manufacture something. It cannot be a fully service business. 3. This is year 5 of your business. So you are not a start-up, will 4. Based on how many you will sell, how many must you produce? This is not such a straight forward question. See below. 5. Do you want any left over? Do you start with any in stock? Advantages and disadvantages of stock (inventory). 6. Now that you know how many you will have to produce, what materials will you need to purchase to make these items. how many you sell