Select an inventory management problem that applies to your work or personal lif

Select an inventory management problem that applies to your work or personal life.Prepare a project proposal in which you:Describe the organization the inventory problem it faces and the expected benefits that are motivating the organization to implement a solution.Convert time series data collected in Week Two to seasonal indices. You may choose to use the University of Phoenix Material: Summer Historical Inventory Data or University of Phoenix Material: Winter Historical Inventory Data if the data you collected is insufficient.Use seasonal indices to analyze the inventory data.Use the slope-intercept formula to determine the annual increase in inventory.Provide monthly seasonal indices for the given data.Identify the busy months of year.Identify the slow months of year.Construct a histogram of the inventory data using Microsoft Excel.Forecast the future inventory costs using time value of money concepts.