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A. Cincalok Enterprise Pak Long is a company involved in the production of cincalok for the Melaka state market and surrounding states. i. Discuss the

A. Cincalok Enterprise Pak Long is a company involved in the production of cincalok for the Melaka state market and surrounding states.

i. Discuss the types of raw material inventory, in-process work inventory and finished goods inventory in the context of Pak Long Cincalok Enterprise. Give examples of each type of inventory. (5 marks)

ii. Suggest the most appropriate inventory management techniques used by Pak Long Cincalok Enterprise in its production operations. Explain your answer. (5 marks)

iii. Describe TWO (2) examples of carrying costs that need to be borne by Pak Long Cincalok Enterprise in its business operations. (2 marks)

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