THE BIG D COMPANY1. What specific action should the company take in the area of inventory control? Support your proposal with an analysis of its strengths and weaknesses. The company should take, in the area of inventory control, the position to forecast the monthly demand for various products. With this monthly forecast the company should prepare the MPS and MRP schedule for different materials required for manufacturing of the products.Strengths:Furthermore, it would also reduce inventory and material handling cost.It also helps to ensure that minimum amount of inventory gets accumulated in the supply chainWeaknesses:The company needs to maintain data and information about the inventory..Automation of inventory management process and adoption of new inventory management techniques would increase the cost for the company2. What is your reaction to the argument of those who oppose tighter controls?