problem on abc analysis of inventorythe abc, Operation Management

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problem on abc analysis of inventorythe abc

Problem on ABC Analysis of Inventory:

The ABC Analysis of Inventory divides inventory into three classes:

Class A - high annual dollar volume

Class B - medium annual dollar volume

Class C - low annual dollar volume.

Describe how you would go about in classifying the inventories in a fast food restaurant. What items would go into each Class?

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