You fresh graduate from a reputable university in your town majoring in accounting. Since you are a baby, your parents have a furniture store, and the store went well before the pandemic COVID-19. The store has a large display room, and customers were happy to make selections because your store has a comprehensive piece of furniture and has many good brands. Even though a big competitor like IKEA is present in your hometown, your father is not afraid of its presence because your father can sell the furniture with long credit term maximal 45 days, which you can not find in IKEA. Your father is getting help from 10 loyal employees who have been working for more than ten years. All the staffs are happy to help all customers, can deliver and assemble at home. The warehouse is in the back of the store, and the area is vast to keep all inventories. You can find old furniture sit in the warehouse from the last five years purchased, which is considered outdated furniture. Your father likes to buy a lot of quantity from manufacture because the more you buy, the more you get discount and gifts and most manufacturers give 2month period to pay the debts. The situation is changed after COVID-19; with social distancing and no purchasing power, with traditional store, the customers come to the store reduced drastically. You want to help your father and using your accounting major to set up new practices. Required: You want to set up Just In Time (JIT) for your store, is it possible? Give your reasons. If not possible, please explain your reasons and recommendations! (5 points) b. If possible, give your best idea to set up a new store using JIT! (hints: forecasting sales, furniture orders, warehouse, accounting recording transaction, account receivable and payable). (5 points) a