Learning Goal: I'm working on a management multi-part question and need an explanation and answer to help me learn.uctions – PLEASE READ THEM CAREFULLY• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.• Assignments submitted through email will not be accepted.• Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.• Students must mention question number clearly in their answer.• Late submission will NOT be accepted.• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed usingTimes New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).Submissions without this cover page will NOT be acceptedLearning Outcomes: • To understand the concept of transformation and invention of the Product.• To manage the level of Inventory.• To take the decision of New product Development.• To understand supply chain strategy.