This is a subjective question. hence you have to write your answer in the Text-Field given below. (a) Captive engineering shops are essential in big manufacturing and process industries. Explain the need of these shops used? (b) "Inventory is a necessary evil" Explain. What is the necessity of decoupling and seasonal inventories? (c) Explain the significance of VED and FSN Analysis in inventory control of large number of items in an industry