hat are the disadvantages of abc inventory sy

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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What are the disadvantages of abc inventory system

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ABC inventory system is an inventory framework that is utilized to emphasize and spotlight those things of inventory that are generally significant. Most inventory things represent less worthwhile moderately couple of things of the inventory comprise most of the absolute inventory value. 

Items that convey the best significance regarding esteem are classified as "A" classification items. At the far edge of the range are things that have a little total value. These things are delegated "C" class things. The remainder of the things that are not named "A" or "C" classification is delegated "B" classification things.

 

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