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Sales have dropped at XYZ Corporation.Outline the preliminary information that could be used to assist the researcher to define the problem and suggest hypotheses.
Seasonality
The occurrence of fluctuations in demand, production, or other variables based on seasonal trends or patterns, often predictable within a calendar year.
Inventory
The total amount of goods or materials held in stock by a business, crucial for meeting customer demand and ensuring smooth operations.
Classification Method
A systematic approach in categorizing data or items based on shared characteristics or criteria.
Contribution To Profit
The measure of how individual products, services, or business units add to the overall profit of a company.
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