Question

1 point Q2. Which technique is used to finalize the inventory order O Economic order quantity O ABC analysis O Perpetual inventory system O None of the above​

Answer 1

Answer:

Its ABC analysis

Explanation:

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Answer 2

The technique used to finalize the inventory order is ABC analysis.

• ABC analysis is an inventory categorization technique used in materials management.
• This analysis helps in sorting and identifying items that will have a major impact on the overall inventory cost.
• For easiness and effectiveness, this technique divides inventory into three categories namely A items, B items, and C items.
• This categorization will help in proper controlling and management of the inventory.
• The value of each inventory is different and the categorization is based on the importance of the items and this helps in finalizing the inventory order.