Question: 1 . Why is ABC analysis used? Give us one example from your experience ( for example, in a restaurant A would be the entree,

1 .

Why is ABC analysis used? Give us one example from your experience

(

for example, in a restaurant A would be the entree, B would be the side dish, and C would be the spices; how are the different levels of inventory treated?

2 .

Why would we use Cycle counting to align the computer count with actual inventory? How does Shrinkage

(

employee theft and breakage

)

and Pilferage

(

customer theft

)

affect cycle count?

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