I chose the Cheesecake Factory. "Inventories consist of restaurant food and other supplies, bakery raw materials, and bakery finished goods and are stated at the lower of cost or net realizable value on an average cost basis at the restaurants and on a first-in, first-out basis at the bakeries" (The Cheesecake Factory, 2023). I believe The Cheesecake Factory chooses to use the FIFO basis at the bakeries because it wants to keep inventory levels at a minimum relative to sales. Keeping inventory costs low may be difficult for a restaurant because they generally have a high inventory turnover due to expiring products and because of limited inventory storage space. The high inventory turnover in the restaurant industry also makes the industry more volatile than other industries. What could make the inventory process more seamless for the Cheesecake Factory is its inventory management system. Additionally, the ease of use associated with the FIFO inventory method would make operations smoother for the Cheesecake Factory. The restaurant industry is known for being a fast-paced industry and FIFO is known for being reliable and accurate. Reliability and accuracy are important when things are moving quickly