Module 9 : Basic Inventory Principles
SELECTIVE INVENTORY CONTROL
In a large number there are
- significant few
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PARETO’s Law
- insignificant many
Typical organisations deal with a large variety of stocked items
(10,000 – 100,000 …Is not uncommon)
Depending on rankings of
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Prof.S.G.Deshmukh & Prof.Arun Kanda
