1- Inventory Stockouts at Triple L Manufacturing Co. Company Background: Triple L Manufacturing is a large manufacturing company that produces a wide range of components and products for the home building industry. Triple L Manufacturing has been in business for 12 years, and its products are considered to be of the highest quality and reliability. Problem Summary: Triple L Manufacturing has been experiencing frequent stockouts of essential components and products due to unbalanced inventory levels. This has caused the company to experience significant delays in production, resulting in lost revenue and customer dissatisfaction. In addition, Triple L Manufacturing is facing a loss of market share due to its inability to service its customers as they expect. Key Questions: 1. What are the root causes of the inventory stockouts? 2. What methods can you implement to reduce or eliminate the stockouts? 3. How can Triple L Manufacturing improve its inventory management system? 4. How will you ensure greater material available within the current inventory levels? 5. How can Triple L Manufacturing modify its supplier interaction to ensure the timely