The ABC classification system is a method for classifying inventory based on the percentage of total value and the percentage of total quantity.
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Q29: With the economic order quantity (EOQ)model,increasing the
Q30: In ABC analysis,each class of inventory requires
Q31: The time between orders is variable and
Q32: The reorder point is the level of
Q33: The production quantity model,a variation of the
Q35: The EOQ model determines the optimal order
Q36: With the economic order quantity (EOQ)model,the number
Q37: Class A items in the ABC classification
Q38: The number of orders can be calculated
Q39: Continuous inventory systems often incorporate information technology
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