Economy, asked by harsh156707, 1 year ago

What is A-B-C analysis for inventory control? Describe in detail

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Answered by shetriyas

1

In materials management, the ABC analysis (or Selective Inventory Control) is an inventorycategorization technique. ... The ABC analysissuggests that inventories of an organization are not of equal value. Thus, the inventory is grouped into three categories (A, B, and C) in order of their estimated importance.

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