Questions are based on Dell article $-$ DELL SUPPLY CHAIN SUCCESS: LESSONS FOR EVERY BUSINESS $($source: Dell, $2023)$

$1.$ Good supplier relations and price discounts for materials and parts depend on accurate forecasting. The forecast must strive to get the right amount of material at the right time in the right quantity at the right price. Discuss the steps that need to be followed in the forecasting process. $20$ Marks

$2.$With Dell supply chain is like a well$-$orchestrated dance. They keep a close eye on their inventory, ensuring they have just the right amount of parts they need, not too many or too few$$

$1\mathrm{.}1$ With regard to the case study, discuss the basic functions of inventory. $15$ Marks

$1\mathrm{.}2$ Discuss the costs associated with holding inventory. $15$ Marks