10)a) Define the term "Inventory Control" and list different areas in which inventory control can be applied in an industrial setting. b) A company whose monthly supply is 40,000 units to its customers, has the monthly holding and setup costs of # 100,000 and #500,000 respectively. If shortage is not allowed, determine the: i) EOQ ii) Optimum Scheduling period (t) c) If shortage of #40,000 is allowed, determine the: i) EOQ ii) Optimum Stock level iii) Optimum Shortage level iv) Total Cycle 11)a) What is Project Appraisal? b) Briefly discuss on its importance/relevance. c) Discuss the Viability Concept and its main Indicators.