APU BUS603 week 4 forum

Describe what is meant by ABC analysis. What is the purpose of this inventory technique — provide an example. In your responses to other students please identify strengths and weaknesses of their ABC analysis applied to their examples. (LO 1 4 5)When you are ready to post click on the link to the forum above and then click on the Add New Thread button. Once you have posted your initial response take time to respond with at least two comments on posts made by others. Your initial responses should meet or exceed a 300 minimum word count. All other posts should be substantial and should meet or exceed a 200minimum word count.