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May 10, 2024

Week 5 projections and cost management

What is their purchasing strategy concerning projections? How do they possibly know how many costumes to order to meet Halloween demand?
Besides the actual inventory, what other business factors are determined by setting good projections?
We discussed much about price, costs, and profit last week. What are their biggest cost considerations?
Discuss one learning about their inventory systems from a logistics or information technology perspective?
Lastly, are there any learning that will transfer into your course project?
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