Question: ABC Analysis: This model categorizes inventory into three categories (A, B, C) based on their importance. 'A' items are very important, 'B' items are important,

ABC Analysis: This model categorizes inventory into three categories (A, B, C) based on their importance. 'A' items are very important, 'B' items are important, 'C' items are marginally important. It's effective in prioritizing management of different inventories

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