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Case Study: Clara's Coffee Shop Inventory Clan owns a popular coffee shop in a busy downtown area. Managing inventory effectively is crucial to her business's success. However, she has been experiencing some inventory-related challenges. Case Scenario: Clan's coffee shop serves a variety of coffee beans, pastries, and beverages. Her shop has a loyal customer base, and sales have been steadily increasing. However, Clara faces the following issues: Inventory Overstock Clara often finds that she has excessive inventory of certain coffee beans that remain unsold for an extended period, leading to product wastage: Out of Stock Situations: On the flip side, there are instances when Clara runs out of popular pastries or coffee bean varieties, resulting in lost sales and customer dissatisfaction. Tracking Inventory Manually: Clara currently tracks her inventory using paper records, making it challenging to maintain real-time updates. Inconsistent Suppliers: Clan uses multiple suppliers for her coffee beans and pastries and she often receives late or incorrect delveries. Now, let spioceed to the questions: Question 1: What are some potential consequences of excessive inventory in Clara's coffee shop? Objective-typeQuestion: Question 2: To address the inventory challenges effectively, what kind of inventory management approach would be most beneficial for Clards coffee shop? A) Continue manual paper-based inventory tracking. B) Implement a real-time inventory management software. C) Prely on multiple suppliers fordiverse inventory sources. D) Reduce product variety to minimize inventory-related issues. Please answer Question 2 with the appropriate option

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