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Business, 30.07.2021 01:30 eessayian25781

Define ABC analysis. Multiple choice question. It is a model that is used to determine the order size for a one-time purchase. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It specifies the amount of risk of incurring a stockout that a firm is willing to incur. It is the ranking of all items of an inventory according to a specific criterion of importance.

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