A port wine grape grower on the Aegean Coast (in Greece) sells grapes to a mid-sized winery named lon Wine Producers. lon Wine Producers then presses the grapes and makes a sweet white wine, subsequently bottling the liquid. Ion Wine Producers holds the bottled wine within their facilities until orders come in. When orders come in, they apply custom labels on the bottles, and safety caps; shipping them to restaurants or events venues. lon Wine Producers doesn't sell unlabeled/uncapped wine bottles. Based on this, you can assume that the bottled liquid in the warehouses at lon Wine Producers would be considered a(n) inventory type