Based on Brout XXXXXXXXXXPlanner’s Peanuts sells 100 products. The company has been disappointed with the high level of inventory it keeps of each product and its low service level (percentage of...

Based on Brout (1981). Planner’s Peanuts sells 100 products. The company has been disappointed with the high level of inventory it keeps of each product and its low service level (percentage of demand met on time). Describe how you would help Planner’s improve its performance on both these objectives. Pay close attention to the data you would need to collect and how the data would be used.