i. Briefly explain four (04) different forms of inventory that can be identified in a manufacturing business organisation? (08 marks) ii. Describe the importance of managing inventory and how inventory can be managed in a manufacturing business organisation? (06 marks) iii. Alpha is a manufacturer of sport-wear and its key customers are in the USA. One of its plants manufactures seamless t-shirts. The plant has a production capacity of 50,000 units per month. One of its key customers is impacted by the Covid-19 outbreak, and it has postponed purchases. Therefore, Alpha has an excess capacity. For the next quarter, monthly production and sales volume is expected to be only 35,000 seamless t-shirts at a selling price of Rs. 1,500 per t-shirt. Expected monthly costs and revenues for the activity level of 35,000 are as follows