Answer the following questions.You must identify and follow the sequence when answering the questions.

1. Did you have unpleasant experience buying from a vending machine? Explain whether you will buy from that vending machine again?

2. Do you think that inventory management is important for an operator of vending machine and why?

3. The management confessed that there are times when the vending machines are out of stock. Can you offer some reasons why these machines are out of stock?

4. Can you suggest some ways to improve their inventory management system to prevent stockout (can be theoretical)?

5. Here is a comment by a Netherlands-based company ABS All Brake Systems..... "In our market, it is crucial that we are able to deliver items as quickly as possible," states Wouter Kothuis, Operations Director at ABS. Apparently stockout is a bigger issue for a manufacturer than a retailer. Can you suggest some reasons why?