#1 Assignment help service provider

4.7/5 rating | 10,000+ happy students | Great tutors 24/7

Prices starting $9.5/page


GET HELP INSTANTLY

Tag - ABC Analysis - Operations Management Assignment Help

ABC Analysis

ABC Analysis ABC analysis is a business term used to define an inventory categorization technique often used in materials management. It is also known as Selective Inventory Control. ABC analysis provides a mechanism for identifying items that will have a significant impact on overall inventory cost, whilst also providing a mechanism for identifying different categories of stock that will require different management and controls. When carrying out an ABC analysis, inventory items are valued (item cost multiplied by quantity issued/consumed in period) [...]