Monday, April 15, 2019

Fast food industry Essay Example for Free

Fast sustenance patience EssayFast food industry has been in existence for the past years. The growing popularity of the industry gave way for many businessmen to put up many branches or chains in different parts of the country. This leads to the birth of fast food chains, by which Jollibee, McDonalds, KFC, Mang Inasal, Chowking, WOK Express and Greenwich atomic number 18 few examples. People prefer to go into fast food chains non just because of their food preference but because they serve their customer in a quick manner. Since their products are in demand to the customers, they need to maintain a specific level of inventory in golf club to respond to the needs of their customers. Because of the unpredictable demand of customers, management of fast food chains is struck in a dilemma of ordering the right level of their raw materials for production. That is why it is important that fast food chains know the policies in determining their inventory level or size. The size of inventory stocked by fast food chains depends on forecasted requirements and product popularity as demanded.Inventory shortage or erratic delivery of ingredients for production can prevent the manufacturer from completion of its finished products. The importance of the reckon includes knowing if low or high level of inventory will have great cause on production of fast food industry. Studying the inventory levels of fast food chains and their effect on production will allow the researchers to venture more into the depth of the inventory process of all(prenominal) business.

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