Question: 2 Estimate the annual usage value and average inventory level (or value) and space occupied by twenty representative items of food used within your household,

2 Estimate the annual usage value and average inventory level (or value) and space occupied by twenty representative items of food used within your household, or that of your family. Using Pareto analysis, categorise this into usage-value groups (e.g. A, B, C), and calculate the average stock turn for each group. Does this analysis indicate a sensible use of capital and space, and if not, what changes might you make to the household’s shopping strategy?

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