Q
Illustrate ABC analysis? State its applications.
I am MBA 2nd year student kindly answer above question.
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Answered by
gretchen Sunday Dec 2nd 2012
ABC analysis is a term that is used in business for inventory or managing materials. Each item is labeled as an: A, B, or C item. A items are considered to be the most important for the business or organization and C items are only marginally important.
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