Question: 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

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? 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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