MANAGEMENT

Detailed explanation-1: -Anticipation inventory or speculation inventory refers to extra finished products or raw materials a business purchases to meet an anticipated jump in demand.

Detailed explanation-2: -Anticipation Inventory or Seasonal Inventory is built in anticipation of future demand, planned promotional programs, seasonal fluctuations, plant shutdowns, and vacations. Companies build anticipation inventory to maintain level production throughout the year.

Detailed explanation-3: -Simply put, anticipation inventory is the stock that a company keeps in order to accommodate increased demand in the future. An obvious example is a drink retailer stocking more cold drinks in hot summer months. This strategy can ultimately help businesses to weather expected spikes in demand.

Detailed explanation-4: -Anticipation can make us feel optimistic because it helps us focus on possibilities. It can be a pleasant distraction, filling us with excitement as we think about these potential experiences. It can motivate us when we feel like giving up, teaching us that if we’re patient we can experience a greater reward.