For each of the following situations, determine Whether it is concerned with a shortrun or a longrlm production decision. Explain briey in each case. a. The Global Operations Chief Executive at Adidas wishes to acquire Glad Foot Inc. in order to expand the company's sport shoe line to include specialty shoes designed for table tennis, a type of shoe for which Glad Foot is the global leader. b. The vice president of WalMart decides not to build another distribution center in Virginia, instead choosing to extend hours of operation by 7 percent at each one of the Lil distribution centers in the greater Richmond, Virginia area. c. GemCon Direct, a diamond brokerage rm in Beirut, lays oE ve of its brokers in response to declining demand for its services. d. Tampa International Airport announced that it will add a fth concourse in order to meet the growing demand for air travel in westcentral Florida