Identify the items we have too much of in stock

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Question: Identify the items we have too much of in stock and recommend what we should do with those kits. Also identify which items we are about to run out of and what we should do in the future with those kits. Try to calculate what your suggestions would do to costs based on the following. If you increase and/or decrease inventory calucate the annual cost based on carrying cost of 25%. If you increase your average inventory by $100 your carrying cost would increase by $25 on this item. If you reduce your average inventory by $100 on an item you would reduce carrying cost by $25. Many other costs could be incurred due to lost customers, lost profit from lost sales etc but we do not have the information to include these costs on this problem

Reference no: EM133390709

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