Inventory Control Formula is a mathematical equation used to calculate the optimal level of inventory for a business. It takes into account factors such as projected sales, demand for specific items, and cost of ordering more stock. By putting this formula in place, businesses can maintain the right amount of inventory without over- or understocking their shelves. This ensures that customers have access to their desired items, maximizing profits and customer satisfaction. In short, the Inventory Control Formula is essential for any business looking to ensure they stay ahead of the competition!