👉 In economics, "preinventories" are inventory levels that have not been produced or sold yet. These inventories can be considered as a part of the total inventory stock at the beginning of each period and do not exist until they are actually purchased or sold. Preinventories are particularly useful in forecasting future sales and demand for goods and services, as well as in assessing the potential impact of changes in market conditions on these inventories. They can be used to predict future production levels and