Inventory Control. Inventory management, or inventory control, is an attempt to balance inventory needs and requirements with the need to minimize costs resulting from obtaining and holding inventory while at the same time maximize customer service satisfaction. Several schools of thought view inventory and its function differently, some as an interpedently function on other department, while others as a different loner department. To the story short, organizations ought to use their inventory management controls to determine their minimum and maximum levels of inventory suitable to meet demand, accounting for lead time from supplier and variations in both. Using the knowledge, you have acquired in this course, advice on question one (1) and two (2): Q.1 a) With relevant examples, prepare athree (3) paged report on inventory control for any organization of your choice. (15 Marks) b) In about two (2) pages, discuss the various inventory management levels and their implications on customer service management (10 Marks) Total 25 Marks Q.2 a) Wastes happen a lot in most stores and yet they are a cost to an organization. As a store management expert, explore the causes of inventory wastes among different warehouses in Kampala (15 Marks) b) Using ordinary examples, examine the possible ways of curbing down such inventory wastes mentioned in (2a) above(10 Marks) Total 25 Marks