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Under which of the following inventory control technique, the maximum and minimum level of each stock is laid down

Under which of the following inventory control technique, the maximum and minimum level of each stock is laid down

Q. Under which of the following inventory control technique, the maximum and minimum level of each stock is laid down

A.            Min-max plan

B.            Two bin system

C.            Order cycle system

D.            ABC analysis

Answer: Min-max plan

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