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Industrial Engineering and Production Management

Q1:

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

ANS:A - A-B-C analysis is based on Pareto's principle.

Explanation: No answer description is available. 



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