problems 2,3,4

CRITICAL THINKING EXERCISES 1. To be competitive, many fast-food chains began to expand their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the complexity of operations, including inventory management. Specifically, in what ways does the expansion of menu offerings create problems for inventory management? 2. As a supermarket manager, how would you go about evaluating the criticalness of an inventory shortage? 3. Sam is at the post office to mail a package. After he pays for mailing the package, the clerk asks if he would like to buy some stamps. Sam pauses to think before he answers. He doesn't have a credit card with him. After paying for the package, he has about $30 in his pocket. Analyze this from an inventory standpoint. Identify the relevant considerations. 4. Give two examples of unethical conduct involving inventory management and the ethical principle each one violates