Questions 1. What would the ideal situation be from an inventory perspective? 2. Why do many enterprises still carry an average inventory that exceeds their basic requirements? Discuss the reasons through the four prime functions of inventory. 3. What are the four functions of inventory? 4. Discuss how the inventory creates value and reduce total cost.1. What would the ideal situation be from an inventory perspective? 2. Why do many enterprises still carry an average inventory that exceeds their basic requirements? Discuss the reasons through the four prime functions of inventory. 3. What are the four functions of inventory? 4. Discuss how the inventory creates value and reduce total cost. Questions