Answer:
Ordering cost reduction.
Holding cost minimization.
Buy new inventory.
Shortage costs.
Explanation:
Quantitative analysis is set of data which is observed to identify value. These are numerical in nature . Qualitative analysis identifies the type or specific feature of the data under observation. These are non numerical in nature . The managers can take inventory decisions which are quantitative in nature. The managers focuses on cost cutting initiatives so that profit is maximized.
