Select an inventory management problem that applies to your work or personal life. Prepare a project proposal in which you: Describe the organization, the inventory problem it faces, and the

Select an inventory management problem that applies to your work or personal life. Prepare a project proposal in which you: Describe the organization, the inventory problem it faces, and the expected benefits that are motivating the organization to implement a solution. Convert time series data collected in Week Two to seasonal indices. You may choose to use the University of Phoenix Material: Summer storical Inventory Data or University of Phoenix Material: Winter storical Inventory Data if the data you collected is insufficient. Use seasonal indices to analyze the inventory data. Use the slope-intercept formula to determine the annual increase in inventory. Provide monthly seasonal indices for the given data. Identify the busy months of year. Identify the slow months of year. Construct a histogram of the inventory data using Microsoft® Excel®. Forecast the future inventory costs using time value of money concepts.

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