Title: Analyze inventory records.
Course: Agricultural Business Management III (18201-36) > Section: Evaluating the Agribusiness

Analysis should include

- conducting inventory
- comparing the current inventory to the inventory records on file
- summarizing the trends
- summarizing the inventory turnover
- determining the efficient level of inventory for the agribusiness.

Process/Skill Questions:

- Why is it necessary for a business to analyze its inventory records?
- What should an inventory analysis include?
- How can inventory be used as collateral for loans?
- What are problems related to excess inventory at the end of the fiscal year?
- What is just-in-time inventory control?
- What specific tools or formulas are available to evaluate the health of the business?
- How is the efficient level of inventory determined?