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Abc inventory system

• Inventory management technique that divides inventory into three groups A, B and C - in descending order of importance and level of monitoring, on the basis of the dollar investment in each.

 
 Embedded terms in definition
 Basis
Inventory
Order
 
 Related Terms
 

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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Beware of small expenses; a small leak will sink a great ship. - Benjamin Franklin (1706-1790)

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