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Celebrity determines inventory levels by forecasting demand based on

Celebrity determines inventory levels by forecasting demand based on

Celebrity determinesinventorylevels by forecasting demand based on  historical sales data analysis, marketresearch, trend analysis, and expert opinion.Historical sales data analysis involves analyzing sales data from previous periods to identifytrendsandpatternsin demand. This method can help to identify seasonal fluctuations in demand and to forecast future demand based on past trends.Market research involves collecting data on customer preferences, buying habits, and market trends to determine the level of demand for a product. This method can help to identify emerging trends and customer needs that may impact futuredemand.Trend analysis involves analyzing current market trends and conditions to forecast future demand. This method can help to identify industry trends,economicconditions, and other factors that may impact demand.Expert opinion involves consulting with industry experts, sales representatives, and otherstakeholdersto gather insights on future demand. This method can provide valuable insights into factors that may impact demand, such as changes in technology or consumer preferences.To learn more aboutinventoryclick on,brainly.com/question/29353162#SPJ4...

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