Students are requested to answer all the questions given below. Discuss and give examples for each question with references. 1. Explain economic order quantity (EOQ) concept and its role in inventory management in a manufacturing organization. Choose an international company to give as an example. 2. Explain models available for guiding inventory planning decisions in various production and distribution environments. Choose an organization which does practice this concept in Saudi Arabia 3. Present a more technical explanation of trade-offs associated with inventory control. Give an example by choosing a company which is operating in Saudi Arabia. 4. Describe the KANBAN system and its role in a manufacturing organization with examples. Choose an international company to give as an example which practice the KANBAN system. 5. JIT is equally applicable in service organizations, particularly with the push toward time-based competition and the need to cut costs. Discuss by giving an example of any company does practice in