READ THE CASE BASED ARTICLE $($Applications of Artificial Intelligence in Inventory Management: A Systematic Review of the Literature$)$ AND ANSWER ALL QUESTIONS THAT FOLLOW RELATE IT ACCORDINGLY, TO THE CASE BASED ARTICLE. Research is required in answering all Questions below:

$1.$The late $1990$s saw a significant impact of information technology on inventories, which in turn for example, had a positive effect on the growth of the United States $($US$)$ economy while effectively managing inflation. Globally, in the early twenty$-$first century, as information technology evolves rapidly, organisations are actively implementing initiatives to remove inventories from the supply chain.

a$.$What are the major components of inventory carrying cost?

b$.$How would one measure capital cost for making inventory strategic decisions? Must have an introduction, body and conclusion.

With in$-$text referencing and Harvard style references. $4$ pages with sources published in $2020$ and upwards.