New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the purpose of ABC analysis in inventory

    management?
    A To minimize customer satisfaction Correct Answer Incorrect Answer
    B To balance supply and demand Correct Answer Incorrect Answer
    C To categorize items based on importance and allocate resources accordingly Correct Answer Incorrect Answer
    D To avoid order fulfillment Correct Answer Incorrect Answer

    Solution

    ABC analysis categorizes items based on importance and helps allocate resources accordingly in inventory management.

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