Question: PLEASE WATCH THE VIDEO BELOW BEFORE YOU ANSWER THE QUESTIONS. You are NOT REQUIRED to reply with a VIDEO RESPONSE, but it may be helpful

PLEASE WATCH THE VIDEO BELOW BEFORE YOU ANSWER THE QUESTIONS.
You are NOT REQUIRED to reply with a VIDEO RESPONSE, but it may be helpful to fully articulate your response. If you decide to respond with a video, please do not exceed 3 minutes.
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CLASS -- lets further our discussion on inventory. Pay special attention to what the question is asking.
A). Based on the textbook, what are the different classifications and types of inventories? Which classification and type of inventory is most evident at your job (or prior job)?
B). REAL WORLD POST. What is a specific example of the various classifications and types of inventories that I highlight in the Week 6 Live Engageli Session? What stood out to you about the example and how can you use it in your professional career?
C). REAL WORLD POST. While theres still an unclear understanding on the full latent impact of COVID-19 on many industries, lets look at inventory for a segment of the airlines.
Based on the classification of the various types of inventories in Chapter 11 of the textbook, and after watching the CNBC video: How Airlines Make Meals For Thousands Of People,
(i). What SPECIFIC types of inventories from Chapter 11 were highlighted in the video?
(ii). Which SPECIFIC inventory cost(s) from Chapter 11 is the most impactful for airlines?
(iii). Which SPECIFIC type of inventory with meals would airlines need to be more flexible with forecasting as they determine their new standards for serving food? (use the classification of inventory from Chapter 11).

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