Question: Question 2: Value 5% ABC Inventory Analysis is often used as a tool to aid in the management of an organization's inventory. (a) What principle

Question 2: Value 5% ABC Inventory Analysis is

Question 2: Value 5% ABC Inventory Analysis is often used as a tool to aid in the management of an organization's inventory. (a) What principle is ABC Inventory Analysis based on? (b) What percentage of items would be in category A, category B, and category C? (c) How would the management of each of these categories of inventory differ? Explain

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