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      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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