Describe and provide examples of dependent and independent demand$\mathrm{.}2.$Describe the four basic types of inventory$\mathrm{.}3.$What is the ABC inventory system and how is it used to manage inventory?$4.$What is the ABC inventory matrix and how is it used to manage inventory?$5.$Describe inventory turnover and how it can be used to manage inventory$\mathrm{.}6.$Why is it important to conduct cycle counting?$7.$What is the electronic product code $($EPC$)?8.$Briefly describe how RFID can be used to manage inventory$\mathrm{.}9.$Explain why item$-$level tagging is more expensive than case$-$level tagging in RFID