Rewrite the following for clarity and reduce duplication: 1. Apple Inc: Raw Materials: These include aluminum for the MacBook casing, glass for the iPhone screens, and silicon for the processors. Work-in-Progress: These are the products that are in various stages of assembly. Finished Goods: These are the completed products like iPhones, iPads, and MacBooks ready for sale. MRO: These include cleaning supplies for the manufacturing facilities, tools for the assembly line, and office supplies for the administrative offices. Inventory Characteristics: Apple's inventory includes raw materials like silicon for chips, glass for screens, and finished products like iPhones, iPads, and Macs. The number of items is large due to the range of products and their components. Demand is high and often spikes during product launches. Lead time is crucial, especially for new product releases. Stockouts can lead to lost sales and customer dissatisfaction