Visualizing supply and demand

Remember what we've learned about the law of supply and demand in this chapter's video? Since we can't control the price directly, we should aim at having supply follow the demand as closely as possible. Let's learn how to visualize it in practice! Could that be an alternative to our overstock and understock visualizations? We will find out in this exercise!

We will use the inventory as our supply and the quantity of sold orders as our demand.

We do not recommend doing so, but if you lost progress you can load the solution workbook of the previous exercise 2_3_understock_solution.twbx from the Workbooks folder.