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Describe ABC inventory classification with some examples of applications that you are familiar with: Supply Chain Assignment, UCC, Ireland

University University College Cork (UCC)
Subject Supply Chain Assignment

Question 3: Describe ABC inventory classification with some examples of applications that you are familiar with. (300 words)

Question 4: Holding finished goods inventory can provide response flexibility to customers in meeting their needs but comes at a cost. What cost factors would you recommend taking into consideration in such an evaluation? (400 words)

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