Question: Q2. a) How will you define ABC and VED Analysis Inventory control techniques? b) Calculate Economic Order Quantity (EOQ) from the following: Annual consumption 8,000

Q2. a) How will you define ABC and VED Analysis Inventory

Q2. a) How will you define ABC and VED Analysis Inventory control techniques? b) Calculate Economic Order Quantity (EOQ) from the following: Annual consumption 8,000 units Cost of ordering Rs. 40 Carrying costs 40 percent of material unit cost Cost per unit 0.5

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