Egill Bjarnason

Associated Press

Your Complete Guide to Inventory Forecasting

Your Complete Guide to Inventory Forecasting

An accurate inventory forecast is invaluable, especially when supply chains and consumer demand are changing rapidly. Effective inventory forecasting can mean the difference between profitability and piles of unsold goods that eat up your available cash.

In this Wednesday March 2, 1989 file photo, Icelanders celebrate in a Reykjavik bar, as the first legal beer since 1915 went on sale in the Icelandic capital. On Friday, March 1, 2019 the country toasts the anniversary of the lifting of a decades-long ban on beer with what else? - a nationwide Beer Day.

Happy Beer Day! Iceland Marks End of Ban

The drink was outlawed in Iceland for 74 years, while all other booze was completely legal.

In this file photo dated Saturday Aug. 23, 2003, seagulls mill around in search of food as a whale is hauled onto a fishing boat after it was killed off the west coast of Iceland.

Iceland Issues Whaling Policy

While many Icelanders support whale hunting, a growing number of businessmen and politicians are against it due to the North Atlantic island nation's dependence on tourism.

In this photo taken on Jan. 17, 2018, a worker walks along a row of computer rigs that run around the clock 'mining' bitcoin inside the Genesis Mining cryptocurrency mine in Keflavik, Iceland. Hand in hand with the rise of bitcoin is a soaring cost of “mining' the cryptocurrency. The energy demand has developed because of the soaring cost of producing the cryptocurrency, which requires computers solving math formulas to mine the 4.2 million coins still available.

Iceland Bets Big on Bitcoin Farms

The country will use more energy mining cryptocurrencies than it uses to power its homes.

In this photo taken Saturday, April 15, 2017, Salome Sigurjonsdottir, 10, tests a voice-controlled television in an electronics store in Reykjavik. Sales assistant Einar Dadi said none of his TVs understood Icelandic. The revered Icelandic language, seen by many as a source of identity and pride, is being undermined by the widespread use of English both for mass tourism and in the voice-controlled artificial intelligence devices coming into vogue.

Icelandic Language at Risk; Robots, CPUs Don't Get It

Icelandic ranks among the weakest and least-supported language in terms of digital technology.