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Business, 30.07.2021 22:50 Jadethepartyanimal

Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion of importance. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company. It is used to determine the order size for a one-time purchase.

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Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory accord...
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