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Question no.1
Please respond the attached statement with 200 words with reference.
What is meant by ABC Analysis.
Question no.2
Define ABC analysis. what is the purpose, and to provide an example
Question No.3 - 150 words
Reorder point is the number of units on hand when an order is placed - is this a true statement?
Attachment:- Response Question.rar
Verified Expert
ABC analysis method provides a valuable technique to manage the inventory items according to their worth and important for the entity.Category A inventory items are of the highest value, so the management should pay sufficient time for development of policies, controls, and stores in order to minimize the cost of the inventory.Reorder point reflects the inventory level which triggers the replenish order to maintain sufficient inventory level. The surprising statistical information regarding children abuse is the involvement of more than 54.1% women, more than men, in abusing the children.
Three questions - with reference First answer need -200 words Second answer need -200 words Third answer need-200 words Please respond the below statement with 200 words with reference.
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