problem1. Illustrate the term ABC analysis and illustrate an ex using Pareto Curve
problem2. What are the general policies applied with regard to inventories falling in each category.
problem3. What are the drawbacks of ABC analysis?
problem4. describe the stocktaking process and define the main reasons why stocktaking is carried out?
problem5. What merits can continuous stocktaking have over periodic stocktaking?
problem6. Define layout of stores and in brief state the benefits of good stores layout.
problem7. What factors must be considered when designing a suitable layout of stores?