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Industrial MotorsCo keeps nearly 6 0 0 0 items in its central store. The annual demand and unit cost of the items ( only 7

Industrial MotorsCo keeps nearly 6000 items in its central store. The annual demand and unit cost of the items (only 7 items are included here) stored in the stores are given in the table belowItem code A1,A2,A3,A4,A5,A6,A7Annual demand A1(300),A2(4000),A3(1500),A4(6000),A5(1000),A6(500),A7(300)Cost A1(50),A2(12),A3(70),A4(30),A5(20),A6(50),A7(1500)a) Develop a system to control Industrial MotorsCo's inventory. (Show/explain every calculation, draw graphs, etc). b) What is Cycle inventory? What are the different costs that affect cycle inventory.

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