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Mr. Y owns a small western-style restaurant in Mong Kok. The restaurant’s main specialty is the ‘Wagyu Beef’ steak, which is imported every day from Japan. Over the past two months, he noticed that the demand for French oysters has risen and is sold out very quickly each day. He decides to order more and keep extra stock just in case the demand rises again. In addition, he heard from another restaurant owner that the prices of Alaskan King Crab Legs might be increasing soon due to a fall in recent supply. Hence he decides to order double the usual demand in the coming period. As Christmas is coming soon, he needs to start planning for the number of turkeys to order this year. The store manager has reminded Mr. X to change the window display to reflect on the new promotions that the restaurant is having for this month.
(a) From the case scenario above, identify FIVE different types of inventory.
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