Pretend that you are running a small business. Select something with a scale small and relatable (e.g. pizza place; coffee shop; small bakery) and something fun. Assume you are producing only one product (e.g. one type of pizza, one type of pastry, one type of beverage, etc.). Then consider the following:
- Describe the variety of inventory you will carry in stock (e.g. cheese, flour or maybe you will purchase a premade crust you decide). How much inventory will you carry (e.g. weeks or days worth of supply)?
- Where will you source from and how will you decide the frequency of orders (e.g. local with frequent deliveries or large distributor)? Why?
- Are there any other products you can produce from the inventory you have in stock? Be creative (e.g. a calzone can be made from pizza ingredients).
