Is it possible to make a Combined Product (set of products)?

Hi.

Let's say I buy several products and combine them and sell them as one product.

Let's say I sell a combined product BIKE 1.
I have products for this BIKE like "Wheel for Bike 1" and "Handlebar for Bike 1". Those wheels could be bought separately.

Bike 1 is combined of these products:
    * 2 pieces — Wheel for Bike 1
    * 1 piece — Handlebar for Bike 1

I need to update the inventory whenever customer buys BIKE 1 or a Wheel or a Handlebar separately.

Is that possible to do it in nopCommerce?

Also it would be very great for production!