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In chapter 4, the authors propose a short term solution to reducing material shortages by classifying material into A (5% of items/85% of cost), B

In chapter 4, the authors propose a short term solution to reducing material shortages by classifying material into A (5% of items/85% of cost), B (15% of items/10% of dollars) and C (80% of items/5% of dollars) items and managing these items differently. 1. Do you believe this approach is practical? Would this work? 2. Does your company manage its inventory items in this type of manner?

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