An online fashion boutique is planning to forecast inventory needs for their upcoming seasonal collection.
Place the following steps in the correct order to complete their inventory forecasting task:
- Step A: Compare the forecasted sales with current inventory levels to determine stocking needs.
- Step B: Apply Time Series Analysis methods like Exponential Smoothing in Excel.
- Step C: Organize historical sales data by month, including details like sales volume for each product.
- Step D: Create a time series plot for visual inspection of sales patterns and trends.