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Find at least one business example of a fixed-order quantity system versus a fixed-period quantity system. What are their differences? Which do you think is

  1. Find at least one business example of a fixed-order quantity system versus a fixed-period quantity system. What are their differences? Which do you think is better, and why?
  2. Provide an example of ABC classification in a business you are familiar with. What would be the A inventory items versus B and C? What ordering policies would you use for each of these?

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