Question
Create an inventory management plan for a sport or entertainment organization. Please select a retail location for a professional sports team or college athletic department
Create an inventory management plan for a sport or entertainment organization.
Please select a retail location for a professional sports team or college athletic department to serve as the basis for your plan. Specifically, in approximately 500 words, please answer the following questions:
1. Please provide the name of the retail location and select one product to specifically analyze for your plan.
2. Please explain how you propose to manage inventory by proposing the turnover rate considered acceptable for your organization (based on expected revenue and expenses to be determined by you). Please select a turnover rate and explain how it was calculated.
3. How many days' worth of inventory will you carry?
4. Where will the inventory be stored?
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