Which of the following statement is correct?
A. A-B-C analysis is based on Pareto's principle
B. Simulation can be used for inventory control
C. Economic order quantity formula ignores variations in demand pattern
D. All of the above
Answer: Option A
Solution(By Examveda Team)
A-B-C analysis is based on Pareto's principleThis Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
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