Problem background

(Comprehensive presentation of the problem mentioned in the task.)

Discussion, analysis, and recommendation

(Comprehensive discussion and indepth analysis of the issues.)

Calculations, graphical presentation, diagrams, and analysis

(Accuracy and clearness of calculations, significant graphs and diagrams, and in-depth analysis) write the calculations in tables

English language, writing style, and references

(Overall format and style, spelling and grammar mistakes, and standard referencing style)

Task 4 (Inventorv Control) National Industries has a large manufacturing facility in Central Africa. The company keeps the needed items in stock in its warehouse. Table T4 lists the total items the company keeps in stock, with the annual usage and the unit item cost. The Finance Manager feels that the company has not formulated a proper inventory policy to minimize the inventory costs. a. Categorize the items in the company stock as Class A, B and C based on the 70-20-10 rule. (15 Marks) b. Prepare a Pareto Chart showing the three classes of stock