Evaluate the criticality of an inventory shortage

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Reference no: EM13968712

a. To be competitive, many fast-food chains began to expand their menus to include a wide range of food choices. Although this strategy contributes to competitiveness, there is an accompanying complexity of operations, including inventory management.

Specifically, in what ways does the expansion of menu offerings create problems for inventory management function?

b. As a supermarket manager, how would you evaluate the criticality of an inventory shortage?

Reference no: EM13968712

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