Describe the A-B-C approach and explain how it is useful.
Question:
Describe the A-B-C approach and explain how it is useful.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (2 reviews)
The ABC approach also known as ABC analysis or selective inventory control is a classification method used in inventory management to categorize items ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Briefly describe ASCII and Unicode and draw attention to any relationship between them. [3 marks] (b) Briefly explain what a Reader is in the context of reading characters from data. [3 marks] A...
-
answer the question clearly You are building a flight-control system for which a convincing safety case must be made. Would you assign the tasks of safety requirements engineering, test case...
-
answer all questions as instructed below. attend all questions. 4 Computer Vision (a) Explain why such a tiny number of 2D Gabor wavelets as shown in this sequence are so efficient at representing...
-
Debbie plans to buy a house for cash instead of paying a mortgage. She is willing to set aside $12 000 at the end of each year for 15 years. She puts her savings in a Tax Free Savings Account (TFSA)...
-
Write a paper in which you explain the nature and functions of auditing. Relate your explanation to the audit functions in your organization, or an organization with which you are familiar. In your...
-
Describe completely the image that results when a bug sits at the vertex of a thin positive lens. How does this relate directly to the manner in which a field-lens works? (See Problem 5.108.) Data...
-
The commercial value of softwood species would be increased if the wood could be treated to meet preserver's standards. The response, \(y\), is the amount of retention \(\left(\mathrm{lb} /...
-
Evaluating the Income Statement and Cash Flow Effects of Lower of Cost or Market Harvey Company prepared its annual financial statements dated December 31, 2011. The company applies the FIFO...
-
A 1-kg ball is moving to the right with a velocity of 2 m/s when it collides with a stationary 2-kg ball. After the collision, the 1-kg ball moves to the left with a velocity of 1 m/s. What is the...
-
Describe the basic EOQ model and its assumptions and solve typical problems.
-
Describe the costs that are relevant for inventory management.
-
Which of the following is usually the best way to obtain documentary evidence? a. Computer-based queries of full-population accounting and other databases. b. A statistically sound sampling approach...
-
Communication is very important in work life especially when managing projects and employees that differ in age and backgrounds. One instance where communication was important was when I had an older...
-
One of the most important activities that any manager may be required to do is to participate in the strategic planning process. Knowing the strengths, weaknesses, opportunities, and threatsLinks to...
-
What is eminent domain? What are the main legal issues involved in an eminent domain proceeding?
-
What classes of persons and businesses will the long-arm statue reach in New Mexico? What is (are) the method(s) of service required to comply with the long-arm statues in New Mexico
-
Describe how a nonprofit social service agency/organization utilizes an empowerment-oriented approach or a strengths-based perspective.
-
a. List several examples of areas for which changes in accounting estimates are often made. b. Explain briefly the proper accounting treatment for a change in estimate. c. Why is this procedure...
-
Comptech Ltd is a manufacturer of optical equipment. In September 2019, Ed Thompson the Chief Research Officer, attended a conference in Switzerland that focused on optical developments for the 21st...
-
Why is order of observation important in process control?
-
What is the purpose of control chart?
-
In repetitive operations it is often possible to automatically check for quality and then reject parts that are unacceptable. In those situations, does that control charts are not needed? Explain
-
2. For the following three sets of electric field lines, what charge or charges would make such lines? Indicate their locations and type of charge (e.g. positive/negative) a.
-
An underground fire service main in a methanol plant consists of glass reinforced plastic material. The piping is rated for 200 psi. The pump's churn pressure is rated at 280 psi. Numerous leaks have...
-
imagine this experimental setup: One temperature probe is in embedded in a small block of frozen sugar water at -20. The frozen sugar water is in a small test tube The melting/freezing point of this...
Study smarter with the SolutionInn App